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HindustanTimes Mon,29 Dec 2014

Srinivasan named in CBI chargesheet in DA case

Hindustan Times  New Delhi, September 11, 2013
First Published: 02:55 IST(11/9/2013) | Last Updated: 05:39 IST(11/9/2013)

The cricket Board president, N Srinivasan, forced to step aside from the post following the IPL spot-fixing scandal, faced fresh trouble on Tuesday after the CBI charge-sheeted him in the disproportionate assets case against YSR Congress leader, YS Jaganmohan Reddy.

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Besides Srinivasan, vice-chairman and managing director of India Cements, the CBI also filed charge sheets against two other cement companies.

These companies are accused of receiving favours from the Andhra Pradesh government and in return investing in Jagan's firms when his father, the late YS Rajasekhara Reddy, was chief minister.

All three charge sheets name Jagan and his auditor as the first two accused. Srinivasan and two senior IAS officers face charges in the case related to the cement firm, Ashok Reddy, counsel for Jagan, told reporters here.

According to the CBI, India Cements invested Rs. 135 crore in firms owned by Jagan and was favoured in terms of water allocation and mining leases for its facilities in Andhra Pradesh.

"This is separate. It has nothing to do with cricket," Srinivasan said.

"India Cements has done nothing irregular. It will be established at the appropriate forum. Don't mix the business charge sheet with my cricket," he said when asked if the development would hurt his chances of securing a third year as BCCI chief at the AGM.

Srinivasan's hopes of returning to take charge of the BCCI were dashed after the Bombay high court ruled as "unconstitutional" its two-judge internal probe panel that gave a clean chit to Meiyappan and India Cements, which owns Chennai Super Kings.

The BCCI filed a Special Leave Petition in the Supreme Court but the unaffiliated Cricket Association of Bihar, which filed the PIL in the high court, has also filed an SLP contending that the Bombay high court should have suggested a fresh probe panel.

Jagmohan Dalmiya, the interim BCCI head, refused to comment.


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