CBI court grants conditional bail to Vijay Sai Reddy

The second additional special court for CBI today granted conditional bail to Jagathi Publications Vice-Chairman V Vijay Sai Reddy in the disproporionate assets case of YSR Congress Party President Y S Jagan Mohan Reddy. Mr Reddy, also financial advisor to Mr Jagan Mohan Reddy, was earlier remanded to judicial custody till May 7 by the Principal Special Court of CBI at Nampally, on April 23. Second Additional Judge B Naga Maruthi Sharma passed the orders granting bail to Mr Reddy this evening and rejected the memo filed by the investigating agency for suspension of the order for three days. Mr Reddy had surrendered before Principal Special Court Judge A Pullaiah on April 23 after his bail was cancelled by the High Court on April 20.