YSR Congress president Jaganmohan Reddy will remain in jail with a special CBI court on Monday extending his judicial custody till June 25 in the disproportionate assets case.
Mr. Reddy was in Central Bureau of Investigation’s custody from June 3-7 and the Andhra Pradesh High Court had extended his custodial interrogation with the central agency for two days on Friday last.
Mr. Reddy was produced before the court of principal judge for CBI cases here on Monday.
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The court had earlier issued PT (Prisoner on Transit) warrant against Mr. Reddy and summoned others accused to appear before it, after it took cognisance of second and third charge sheets filed by the CBI against Mr. Reddy and others, in the alleged disproportionate assets case.
CBI officials, who took custody of the Kadapa MP from Chanchalguda Central prison, are said to have grilled him over the “conspiracy that had been detected in foreign countries and had a long trail.”
39-year-old Reddy was arrested on May 27 by the central agency after his three-day questioning at the Dilkusha guest house over alleged investments to the tune of several crores from various individuals and companies into his businesses, for the favours granted by the then Y.S. Rajasekhara Reddy regime during 2004-09.
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In its three charge sheets filed against Jagan and others, the CBI alleged that he and his father had hatched a conspiracy to defraud the government with Mr. Reddy influencing his late father in doling out certain favours to various investors, who made investments of several crores into Mr. Reddy’s businesses.