Jagan’s bail petition on Monday !!

The CBI on Sunday arrested YSR Congress chief Jagan Mohan Reddy after questioning him for three days. Reddy, the only son of former Andhra chief minister late YSR Reddy, is an MP, a businessman and one of the most popular politicians in the state.

Reddy today appeared before the CBI in Hyderabad amid heavy security for the third consecutive day for his questioning in the alleged disproportionate assets case registered against him.

Jagan’s financial advisor Vijay Sai Reddy (another accused in the case) also accompanied him to the Dilkusha guest house.

The Kadapa MP was grilled by the CBI since May 25 over the VANPIC project and for allegedly getting investments of several crores into his businesses from various firms and investors on quid pro quo arrangements, when his father late YS Rajasekhara Reddy was the chief minister of Andhra Pradesh.

The YSR Congress chief, who was questioned for over eight and seven hours in the last two days, had on Saturday said he had replied to clarifications sought by the CBI.

Jagan’s anticipatory bail petition will also come up for further hearing on Monday with CBI being asked to file its counter.

The CBI, which has so far filed three charge sheets in the case, charged Jagan and his father of hatching a conspiracy to defraud the government with Jagan influencing his father in doling out certain favours to various investors, who made investments of several crores into Jagan’s businesses as a quid pro quo arrangement.