Jagan Reddy moves SC challenging Andhra Pradesh HC order
Former Congress leader Y S Jaganmohan Reddy has moved the Supreme Court challenging the Andhra Pradesh High Court's order directing CBI to have a thorough inquiry against him for his alleged disproportionate assets.delhi Updated: Aug 17, 2011 22:22 IST
Former Congress leader Y S Jaganmohan Reddy has moved the Supreme Court challenging the Andhra Pradesh High Court's order directing CBI to have a thorough inquiry against him for his alleged disproportionate assets.
Jaganmohan Reddy, son of late chief minister of Andhra Pradesh Y S Rajasekhara Reddy, has moved the apex court challenging the August 10 order of the High Court, saying it was not a reasoned decision.
The High Court, in its order, had directed CBI to take their probe into the case to its logical end.
The High Court's order came on a petition filed by state handlooms and Textile Minister P Shankar Rao who had alleged that Jagan’s income rose from Rs. 11 lakhs in 2004 to Rs. 43,000 crore by the time of his father’s death in 2009.
Rao, in his petition, had sought a CBI inquiry into the companies that had invested in Jagan's businesses to allegedly win favours in the form of land allotments and mining leases from the then government led by Y S Rajasekhara Reddy.
The High Court had set aside the arguments of Jagan’s counsel that the petitioner has political vendetta against him and said the contention of the petitioner needs to be appreciated.
First Published: Aug 17, 2011 22:20 IST