CBI gets details of investments into Jagan entities

July 18, 2011 20:38
CBI gets details of investments into Jagan entities

jagan1The CBI today received details of investments made by 15 corporate entities into various companies owned by the YSR Congress party president YS Jaganmohan reddy.

The authorized representatives of 15 companies including those of the Navabharat group, PVP Ventures, and PVP Business towers submitted their details of investments.

The CBI has served notices on the 15 companies asking them to present the details of their investments made into Jagan companies, revenues obtained and taxes paid by them. The officials of the companies met the investigating CBI team in its office and handed over the relevant documents as per the notices served on them.

The CBI served the notices as per the orders of the state High Court which sought a report on the alleged illegal accumulation of wealth by Jagan. The CBI was asked to submit its report in a sealed envelope with in two weeks.

If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)