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Jaganmohan graft case: CBI names BCCI chief Srinivasan in chargesheet

Indian cricket board chief N Srinivasan has been named in one of the three chargesheets the Central Bureau of Investigation (CBI) filed on Tuesday in a special court here in the corruption case involving YSR Congress party chief YS Jaganmohan Reddy.

In the chargesheet relating to India Cements, the CBI has also named Srinivasan, its managing director, as the accused number three.

Srinivasan stepped aside a few months ago as the Board of Control for Cricket in India ( BCCI) president recently following spot fixing scandal in Indian Premier League ( IPL).

The CBI had questioned him twice last year about the investments his company made into Jaganmohan Reddy’s firms.

India Cements allegedly invested Rs 140 crore into Jagan’s businesses in return for the benefits it received from the then government of Jagan’s father, YS Rajasekhara Reddy, who was killed in a helicopter crash in 2009.

The CBI filed the chargesheets in the special court, naming 25 accused and charging them under various sections of Indian Penal Code.

The chargesheets relate to India Cements, Penna Cements and Bharati Cements, the three companies which allegedly made quid pro quo investments in Jaganmohan Reddy’s business.
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