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Why did Court direct Jagan to pay Rs 20,000?
By: Tupaki Desk | 3 May 2015 7:50 AM GMT
YSR Congress chief YS Jaganmohan Reddy and his financial advisor Vijay Sai Reddy who came to a metropolitan criminal court in connection with the alleged quid-pro-quo deals during former Chief Minister late YS Rajasekhar Reddy's regime.
CBI filed as many as 11 charge sheets in the disproportionate assets case of YS Jagan. Based on the proofs collected by investigation agency, The Enforcement Directorate filed a charge-sheet against Jagan and Vijay Sai Reddy under the provisions of Prevention of Money Laundering Act (PMLA). Till date, Assets worth few hundreds of crores belong to Jagan & his partners in crime have been attached.
When the two accused appeared before it the other day, The Court directed them to furnish personal surety bonds for Rs 20,000 each and posted the next hearing in the case to June 3th this year. Jagan will be in trouble if he was proven guilty of amassing illegal wealth.
CBI filed as many as 11 charge sheets in the disproportionate assets case of YS Jagan. Based on the proofs collected by investigation agency, The Enforcement Directorate filed a charge-sheet against Jagan and Vijay Sai Reddy under the provisions of Prevention of Money Laundering Act (PMLA). Till date, Assets worth few hundreds of crores belong to Jagan & his partners in crime have been attached.
When the two accused appeared before it the other day, The Court directed them to furnish personal surety bonds for Rs 20,000 each and posted the next hearing in the case to June 3th this year. Jagan will be in trouble if he was proven guilty of amassing illegal wealth.
