This Article is From Jun 05, 2013

YS Jaganmohan Reddy's aide remanded in judicial custody till June 17

Hyderabad: A special CBI court today remanded Vijay Sai Reddy, anaccused in the alleged disproportionate assets case involving YSR CongressPresident Y S Jaganmohan Reddy, in judicial custody till June 17.


The Supreme Court, on May 9, had allowed CBI's plea seeking cancellationof bail granted to Vijay Sai - a close aide of Jagan and also one of his allegedbusiness partners - and directed him to surrender before the lower court on or priorto June 5.

Accordingly, Vijay Sai surrendered before the CBI court thisafternoon which sent him in judicial custody after which he was shifted toChanchalguda jail.


The apex court had set aside the order of Andhra PradeshHigh Court and the trial court granting bail to Vijay Sai, a founder Directorof Jagati Publications and financial advisor for the group of companies ofJagan. Jagati Publications runs Sakshi TV and Sakshi Telugu daily, owned byJagan.


Vijay Sai was arrested by the central agency on January 2,2012 in connection with the case of alleged quid-pro-quo deals involving Jagan.


CBI had earlier alleged that Vijay Sai facilitated the transfer of"illegal gratification" money through various companies into JagatiPublications and other business entities of Jagan, the Kadapa MP and son offormer Andhra Pradesh Chief Minister late Y S Rajasekhara Reddy.


The CBI, in its chargesheets filed against Jagan, Vijay Sai andother accused charged them with hatching a conspiracy to defraud thegovernment.


Vijay Sai was granted bail by the lower court in April lastyear after which CBI had approached the High Court which had set aside thetrial court's order, and had sent the matter back to the special judge to considerit afresh.


He, however, was again granted bail by the lower court afterwhich CBI had approached the High Court. The High Court, in June last year, haddismissed CBI's plea seeking cancellation of bail, after which the centralagency approached the apex court.


The apex court set aside the order of Andhra Pradesh HighCourt, saying the special judge had "committed an error" in granting bailto Vijay Sai, while the High Court "erroneously affirmed" the same.

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