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Jagan assets case: CBI moves SC, opposes bail

New Delhi: Claiming that the trail of alleged disproportionate assets extended not only to different states but also several countries, the CBI today moved the Supreme Court strongly opposing any bail to YSR Congress chief Y S Jagan Mohan Reddy.

In an affidavit settled by senior counsel Ashok Bhan, the CBI alleged that Jagan had enriched himself to several thousands of crores rupees illegally by using influence of his father, granting him bail at this juncture would erode public confidence in the administration of justice.

Jagan Mohan Redyy.

"The respondent submits that the case against the petitioner A-1 (Jagan) and other accused has a large magnitude not only confined to the state of Andhra Pradesh but also extends to the states of Maharashtra, Karnataka, West Bengal, Delhi and several foreign countries.

"Therefore the public perception in the rule of law and majesty of justice will suffer dilution. In the present case, the petitioner and other accused have impoverished the state exchequer with several thousand crores and the petitioner in particular has enriched himself to a large magnitude only through resorting to illegal and corrupt methods.

"In a short span of time to be precise within a period of five years the petitioner herein has enriched himself to several thousands of crores illegally and by subversion of the system," the CBI claimed.

The agency had filed the affidavit in response to the apex court's notice to the CBI last month on Jagan's plea for bail in the DA case being probed by it and the Enforcement Directorate.


Published Date: Sep 11, 2012 20:06 PM | Updated Date: Sep 11, 2012 20:06 PM

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