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Moneylife » Economy & Nation » Politics » BCCI chief N Srinivasan appears before CBI in Jagan case

BCCI chief N Srinivasan appears before CBI in Jagan case

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MDT/PTI | 18/06/2012 03:04 PM | 

CBI is probing the alleged investments made by Srinivasan's company India Cements in the companies promoted Jaganmohan Reddy, when his father YS Rajasekhara Reddy was chief minister of Andhra Pradesh

 

Hyderabad: N Srinivasan, the chief of Board of Control for Cricket in India (BCCI), and managing director of India Cements on Monday appeared before the Central Bureau of Investigation (CBI) in connection with the disproportionate assets cases against YSR Congress chief Jaganmohan Reddy, reports PTI.

After being asked by the central probe agency, Srinivasan appeared before CBI at the Dilkusha Guest House here. The agency sleuths are currently questioning him, sources said.

CBI is probing the alleged investments made by Srinivasan's company India Cements in the companies promoted by the Kadapa MP during the tenure of his father YS Rajasekhara Reddy as Andhra Pradesh Chief Minister, the sources said.

Some other cement companies are also likely to be asked about water and limestone allocations made to them during Rajasekhara Reddy's tenure.

The CBI, in its three charge-sheets filed against Jagan and others, has alleged that he and his father hatched a conspiracy to defraud the government, and the state government granted some favours to certain firms, which made investments in Jagan's businesses as a quid pro quo.

Jagan is currently in judicial custody till 25th June and has been questioned by the CBI.


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