DA case: CBI continues grilling Jagan for third day

May 27, 2012

jagan

Hyderabad, May 27: Kadapa MP Y S Jaganmohan Reddy today appeared before the CBI here amid heavy security for the third consecutive day today for his questioning in the alleged disproportionate assets case registered against him.

Jagan's financial advisor Vijay Sai Reddy (another accused in the case) also accompanied him to the Dilkusha guest house.

The Kadapa MP is being grilled by the CBI since May 25 over the VANPIC project and for allegedly getting investments of several crores into his businesses from various firms and investors on quid pro quo arrangements, when his father late Y S Rajasekhara Reddy was the chief minister of Andhra Pradesh.

The YSR Congress chief, who was questioned for over eight and seven hours in the last two days, had yesterday said he had replied to clarifications sought by the CBI and has been asked to come again before the investigating agency on Sunday, after it sought further clarifications.

Jagan is likely to appear before a CBI court here in Nampally tomorrow after the court summoned him along with other accused to appear before it after taking cognisance of the first charge sheet filed in the illegal assets case.

Jagan's anticipatory bail petition will also come up for further hearing tomorrow with CBI being asked to file its counter. In view of his likely appearance before the court, Hyderabad Police have enhanced security in and around Nampally court complex by deploying additional police forces, besides installing CCTVs along the road and surroundings leading to the court. In order to prevent any untoward incident in the event of Jagan's arrest, Hyderabad police have already clamped Section 144 of CrPC in the city, besides heavy deployment of AP Special Police and RAF personnel on Raj Bhavan road where the Dilkusha guest house is located.

The CBI, which has so far filed three charge sheets in the case, charged Jagan and his father of hatching a conspiracy to defraud the government with Jagan influencing his father in doling out certain favours to various investors, who made investments of several crores into Jagan's businesses as a quid pro quo arrangement.

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June 18,2020

New Delhi, Jun 18: For the 12th consecutive day, state-run oil marketing companies (OMCs) has increased the price of fuel on Thursday.

The price of petrol is increased by 53 paise a litre while that of diesel by 64 paise a litre.

Petrol and diesel will now cost Rs 77.81/litre and Rs 76.43/litre respectively in Delhi.

Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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News Network
May 27,2020

Mumbai, May 27: The Maharashtra government on Tuesday ordered re investigation by the CID into the suicide of a 53-year-old interior designer and his mother, allegedly over non-payment of dues by TV journalist Arnab Goswami and two others.

State Home Minister Anil Deshmukh said he ordered re investigation after Adnya Naik, daughter of interior designer Anvay Naik, claimed that Alibag Police in neighbouring Raigad district did not probe the non-payment of dues which had driven her father and grandmother to suicide.

"Adnya Naik had complained to me that #AlibaugPolice had not investigated non-payment of dues from #ArnabGoswami's @republic which drove her entrepreneur father & grandmom to suicide in May 2018," Deshmukh tweeted.

"I've ordered a CID re-investigation of the case," the minister, an NCP leader, added.

He also used the hashtag "Maharashtra government cares" while sharing the tweet. Earlier this month, the police registered an abetment of suicide case against Republic TV editor-in-chief Goswami and two others.

The suicide note purportedly written by Anvay Naik, managing director of Concorde Designs Private Limited, said he was forced to take his life as he was not paid dues of Rs 5.40 crore by the three accused.

Republic TV denied the allegation and said that certain vested interest groups were running "a false and malicious campaign and making false statements and innuendos against the company by exploiting the tragic event".

Mumbai Police are also conducting a probe against Goswami over his statements about the Palghar lynching case of April this year.

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