The CBI arrested four more persons on Wednesday in connection with the investigation into the illegal export of 50.7 lakh tonnes of iron ore from the Belekeri port by four companies between January 1, 2009 and May 31, 2010.
Chittala Srinivasa Reddy, K. Murali, Jakir Sharief and K. Govinda Raju were produced before a magistrate who remanded them in CBI custody until Saturday.
This is the second time Chittala Srinivasa Reddy and K. Murali are being arrested. They were out on bail after they were arrested in connection with their alleged role in facilitating the illegal export of iron through Belekeri ore by the mining company S.B. Logistics.
Their re-arrest on Wednesday came in connection with their alleged role in collecting payments from Dream Logistics Pvt. Ltd. for ore that was illegally delivered to the company. This ore was extracted without the required permits from mines in Bellary that were under the control of the former Minister G. Janardhan Reddy. After collecting bearer cheques from Dream Logistics for the ore supplied, Murali and Reddy encashed the cheques and delivered the money to Mr. Janardhan Reddy after retaining a commission.
Jakir Sharief and Govinda Raju have been arrested for allegedly assisting illegal mining accused, Swastik Nagaraj, in opening and managing benami companies. These companies were allegedly used by Nagaraj to park ill-gotten money and trade in iron ore. Govinda Raju is the brother of Swastik Nagaraj.