Kadapa MP Y.S. Jaganmohan Reddy was grilled by the Central Bureau of Investigation (CBI) about the flow of funds into his companies, Janani Infrastructure, Jagathi Publications and Indira Television that run Sakshi and the news channel respectively.While Jagan was being questioned in one room of the CBI’s office in Koti. A friend of Jagan and the proprietor of MBS Jewellers , Sukesh Gupta, was interrogated by CBI for nearly ten hours in connection with the alleged hawala transactions of the latter to route investments into the Kadapa MP’s businesses.
Sources said Mr. Gupta was alleged to have brought back the money of Jagan from overseas in the form of gold and reinvested the same in his companies to make it white. Both of them were classmates in childhood.