Hyderabad:
Andhra Pradesh Chief Minister Jaganmohan Reddy has been directed to seem earlier than a particular Enforcement Directorate court docket in Hyderabad on Monday, in reference to alleged irregularities in land allotment to pharma corporations when his father, late YS Rajasekhara Reddy, was Chief Minister.
Vijay Sai Reddy, a Rajya Sabha MP from the ruling YSR Congress, and the heads of the pharma corporations – Srinivasa Reddy (Director of Hetero Medication), Nithyananda Reddy (the Managing Director of Aurobindo) and Sarath Chandra Reddy (Director of Trident Life Sciences) – have additionally been summoned, as have former bureaucrats BP Acharya and PV Ramprasad Reddy.
The particular court docket is wanting into allegations of disproportionate revenue and “quid professional quo” investments – that between 2004 and 2009 (when YS Rajasekhara Reddy was in energy) the corporations invested in firms linked to Jagan Reddy in trade for land in a SEZ (Particular Financial Zone).
The Chief Minister was directed to seem earlier than the Hyderabad court docket after the case was transferred from an area court docket in Nampally, the place the central company filed a cost sheet in 2016. The case was transferred as a result of it concerned alleged offences below the Cash Laundering Act.
The identical court docket may also hear cost sheets filed by the CBI, on whose probe the Enforcement Directorate case is predicated. The CBI had filed 11 cost sheets and the Enforcement Directorate six.
In January final 12 months Jaganmohan Reddy appeared earlier than the Nampally court docket to face the continued trial. The choose rejected an exemption plea and directed Mr Reddy to seem in particular person.
That was the Chief Minister’s first look in court docket since he was sworn in on Might 30, 2019. He had failed to seem for a number of months prior as he was busy campaigning for the overall election
He had sought exemption on grounds of his busy schedule as Chief Minister.
Nonetheless, the then CBI counsel argued that non-appearance would give him “liberty to do no matter he needs and affect witnesses behind iron wall of politics, cash and muscle energy”.
A number of former ministers are additionally accused within the case.
Jagan Mohan Reddy is presently out on bail, having hung out in jail as an “un-convicted prison prisoner” within the Chanchalguda Central Jail from Might 2012 to September 2013.
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