 |
 |
Gali Case: CBI to Probe Reddys' Foreign Businesses
Publish Date:Sep 20, 2011
.jpg)
Advertisement
After seeking the court yesterday for extension of custody of Gali Janardhan Reddy and BV Srinivasa Reddy, the CBI is planning to probe in to their foreign businesses. The CBI is of the opinion that Gali Janardhan Reddy amassed huge wealth of nearly 7500 crores through illegal mining. The court sent the Reddys to Chanchalguda jail in judicial remand till 3 October.
The report submitted by the CBI to the CBI Special Court says that Gali Janardhan Reddy had exported iron ore through Obulapuram Mining Company to some benami companies at cheaper prices in some foreign countries. In Turn, these companies have acquired variable stakes in the Brahmani Steel Company of Janardhan Reddy. The CBI explained in detail to the court about the monetary routing of Gali Janardhan Reddy and sought custody of nine more days to unravel the complete picture. The CBI also told the court that Janardhan Reddy has not divulged any information during interrogation in the past six days.
http://www.teluguone.com/news/content/gali-janardhan-reddy-case-20-6758.html
|
|
|
Rajnath Singh smooth punch to congress for coining Hindu Terrorism
Kejriwal urges Jung to dissolve Delhi assembly, says delay encouraging poaching of legislators
.jpeg)
Former minister D.K. Samarasimha Reddy met Telugu Desam chief N. Chandrababu Naidu on Monday at Gadwal, sparking off rumours that he might be joining the TD
.jpg)
New HRD minister M Pallam Raju received the biggest promotion in Sunday's ministerial reshuffle and the decision may have gone down to the wire before the mantle fell on the Kakinada MP
.jpg)
Trusts and charities in Andhra Pradesh are the third biggest recipient of foreign funding in the country. In just one year, these organisations received Rs 1,324.87 crore from abroad in 2009-10,
.jpg)
Hurricane Sandy Photos: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force winds, rain, and a dangerous storm surge that has caused flooding in many coastal areas including parts of New York City.
.jpg)
Hurricane Sandy News: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force
.jpg)
After posing nude for the cover of the Playboy magazine, actor Sherlyn Chopra is all set to set the screen on fire in Rupesh Paul directorial next “Kamasutra 3D”.
.jpg)
Actor Nani Marriage Pics: Nani and his fiancee Anjana's marriage was held at the Rishikonda Resorts in Vishakapatnam on 27th October, 2012.
.jpeg)
A Tsunami warning had been issued for Hawaii on Sunday. Hawaii is fairly exposed to waves which are usually generated by volcanic activity along the west coast of the Americas.
.jpg)
