Srilakshmi's bail petition rejected

Special Correspondent
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Y. Srilakshmi
Y. Srilakshmi

A court here on Thursday dismissed the bail application of suspended IAS officer Y. Srilakshmi on the ground that investigation by CBI into her role in the Obulapuram Mining Company (OMC) scam was still going on.

The court also took into consideration the contention of CBI that she attracted Section 409 of IPC (criminal breach of trust) which mandated her detention for 90 days.

The CBI had stated in its argument on Wednesday that it had gathered substantial evidence about her specific overt acts to link her to Section 409. The agency also said it was carrying on a parallel investigation into investments made by her with money received in return for showing official favours to OMC.

Ms. Srilakshmi was arrested on November 28 last year but granted bail on December 2. Her bail was cancelled by the High Court on an appeal by the CBI on January 2.

The CBI court on Thursday posted for next week a petition by G. Venkat Vijay Raghav, financial controller of Emaar MGF Land, seeking permission to implead in the request by T. Ranga Rao, an accused in Emaar case, to turn approver. Mr. Raghav requested the court to reject Mr. Rao's plea as the latter was induced by CBI. This was evident from the refusal of CBI to oppose Mr. Rao's anticipatory bail.

The CBI questioned ex-mines director V.D. Rajagopal in the Chanchalguda jail in the assets case against Kadapa MP Y.S. Jaganmohan Reddy. Senior IAS officer Manmohan Singh was also questioned for the third consecutive day in the same case.

  • Srilakshmi attracts Section 409 which mandates her detention for 90 days

  • CBI questions former Mines director Rajagopal in Chanchalguda jail in Jagan case

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