BCCI chief N Srinivasan appears before CBI in Jagan case
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.
More in Moneylife
Banks Vs Depositors +4697 views
TODAY'S TOP STORIES
Moneylife Foundation event on decoding the realty regulator
- Banks Vs Depositors
- FIR against godman Brahmrishi Kumarswami
- FIPB defers decision on Jet-Etihad deal; Telenor gets go-ahead
- WPI-based Inflation eases to 4.7% in May
- I-T dept issues Rs816 crore demand notice on Wipro
- Government rectifies IIP data to 2.2% within 24 hours
- Naxals attack Dhanbad-Patna train, kills RPF jawan
- SEBI seeks details of Infosys board meeting of 1st June
- NSE to suspend trading in KS Oils, Abhishek Corp from 21st June
- Amway India chief, two others arrested under PCMCS Act. What about other MLMs?
- TDS on bank deposits: RBI’s advice to acknowledge 15-G/15-H is only half a step
- Corporate Governance: Convenience Rules with Infy Too
- Credit Sudhaar asking Rs16,000 a year for restoring 'credit'?
- Governance Deficit in Infosys?
- “Banks should not be selling third-party products,” RBI deputy governor
- Someone knew Narayana Murthy is coming back and traded on it
- Voila! A demand draft is bounced!
- Many messy reasons why people prefer gold. Can the FM remove them?
- Mango: Our Super Functional Food
- Suicides: Thousands of helpless men are victimized every year, says SIFF
- When Narayana Murthy walked the talk on Good Governance
- HDFC Bank pitches toxic product to NRIs
- A yield of 19.4%?
- Exclusive: Here is the Real Estate Bill, kept hidden from public
- Monitoring politically exposed persons: Need for a new approach by RBI
- Moneylife Impact: Now pay online for your passport; challan option also available
What's your say?
What you said
Thanks for casting your votes! View Previous Polls