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Mining baron Janardhana Reddy arrested in alleged bribery case, sent to judicial custody till Nov 24

BJP leader Janardhana Reddy was arrested in Bengaluru for allegedly taking bribe worth ₹18 crore from a ponzi scam accused to “settle” his case.

Updated on: Nov 11, 2018 04:44 PM IST
Hindustan Times, Bengaluru | By
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Ballari mining baron and former Karnataka minister Gali Janardhana Reddy was arrested, along with an aide, after hours of questioning in an alleged bribery case in Bengaluru on Sunday. Reddy was sent to judicial custody till November 24.

Mining Baron G Janardhan Reddy arrives at the CCB office in Bengaluru on Saturday, Nov 10,2018 . (PTI)
Mining Baron G Janardhan Reddy arrives at the CCB office in Bengaluru on Saturday, Nov 10,2018 . (PTI)

“We have taken the decision to arrest him on the basis of credible evidence and witnesses statements,” said Alok Kumar, additional commissioner of police, central crime branch (CCB) of Bengaluru police.

The bribery case against Reddy pertains to one Syed Ahmed Fareed, a ponzi scam accused, alleged to have cheated around 15,000 people to the tune of 600 crore through his firm Ambidant Marketing.

Fareed allegedly told police that he had given Reddy 57 kg of gold worth 18 crore after the latter promised to help him in an investigation launched by the Enforcement Directorate.

The central crime branch of the Bengaluru police had questioned Reddy from around 4 pm on Saturday, when he appeared before the police, till about 2.30 am, police sources confirmed. The questioning resumed on Sunday before Reddy was arrested, police said.

In a series of videos released on Saturday, Reddy had rebutted all the charges and criticised the police for “spreading false information”.

Refuting allegations by police that he was apparently on the run, Reddy said he had been in Bengaluru the whole time.

Speaking to HT, Reddy’s advocate Sunil Kumar said he had just been informed of the arrest.

“We will wait and watch what happens as it is a holiday today. We will apply for bail once the situation becomes clear,” Kumar said.

A strongman from Ballari, Reddy was denied ticket by BJP in the Karnataka assembly elections in May, but campaigned for his two brothers, Gali Karunakara Reddy and Gali Somashekhara Reddy and his aide Sriramulu, who had won the Ballari seat.

However, after Sriramulu resigned as the Ballari Lok Sabha MP, Congress won the seat in the recent by-election.

 
ABOUT THE AUTHOR
Vikram Gopal

Vikram Gopal is Hindustan Times’ state correspondent for Karnataka.

Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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