The Central Bureau of Investigation (CBI) is all set to start examining accused as well as witnesses in cases relating to allegations on assets amassed by Kadapa MP Y.S. Jaganmohan Reddy and irregularities in deals signed by the AP Industrial Infrastructure Corporation (APIIC) with Emaar Properties from Wednesday.
The CBI has completed the first phase of gathering information from the searches conducted in different places across the country during the past one week. The investigating agency would now examine people who will be able to provide more information in the cases. Contacted by The Hindu , CBI Joint Director V.V. Lakshmi Narayana, did not, however, say whether there would be any arrests. He said following completion of searches on different premises, the Multi-Disciplinary Investigation Team (MDIT) was collating the information gathered. It was putting together details both in the form of a hard copy and a soft copy by digitising the details.The MDIT has searched 53 of the estimated 91 locations for which it took permission from the High Court of Andhra Pradesh and the scope for conducting searches on more locations was not ruled out.
Seven teams were formed for the investigation into the financial deals of Mr. Jaganmohan Reddy.