SC reserves order on Jagan’s bail plea
BY Agencies7 May 2013 12:38 PM GMT
Agencies7 May 2013 12:38 PM GMT
The Supreme Court Monday reserved its order on the bail plea of YSR Congress party leader YS Jaganomhan Reddy in a case of allegedly possessing illegal assets.
An apex court bench headed by Justice P. Sathasivam reserved the order after hearing the arguments of both the Kadapa MP’s lawyer and the Central Bureau of Investigation (CBI).
The investigating agency opposed the plea of Jagan, as the MP is popularly known, saying releasing him on bail at this stage would affect the investigations as he may influence the witnesses.
The CBI also informed the court that they required four-to-six months to complete the investigation.
Jagan, son of late Andhra Pradesh chief minister Y.S. Rajasekhara Reddy, would complete one year in judicial custody on 27 May.
The CBI told the court that the investigation into ‘paper companies’ in Mumbai, Kolkata and other places was continuing. It also said the crime involving dealings of thousands of crores of rupees extended to seven countries.
The federal agency clarified that its investigation had nothing to do with politics.
Arguing on behalf of Jagan, senior counsel Harish Salve accused the CBI of saying one thing in the high court and another in Supreme Court.
An apex court bench headed by Justice P. Sathasivam reserved the order after hearing the arguments of both the Kadapa MP’s lawyer and the Central Bureau of Investigation (CBI).
The investigating agency opposed the plea of Jagan, as the MP is popularly known, saying releasing him on bail at this stage would affect the investigations as he may influence the witnesses.
The CBI also informed the court that they required four-to-six months to complete the investigation.
Jagan, son of late Andhra Pradesh chief minister Y.S. Rajasekhara Reddy, would complete one year in judicial custody on 27 May.
The CBI told the court that the investigation into ‘paper companies’ in Mumbai, Kolkata and other places was continuing. It also said the crime involving dealings of thousands of crores of rupees extended to seven countries.
The federal agency clarified that its investigation had nothing to do with politics.
Arguing on behalf of Jagan, senior counsel Harish Salve accused the CBI of saying one thing in the high court and another in Supreme Court.
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