Money laundering: Investments involving Jagan Reddy's firms posted to June 10

Hyderabad: A special CBI court on Friday posted the cases of alleged quid pro quo investments involving the firms of YSR Congress chief Y S Jaganmohan Reddy, to June 10. Jagan, a legislator from Pulivendula Assembly seat and Leader of Opposition in Andhra Pradesh Assembly, appeared before the court in connection with different aspects of the cases.

Former minister Sabitha Indra Reddy and ICC chairman N Srinivasan also appeared before the court in connection with one of the cases. Some senior IAS officers and industrialists, who are among others accused in different charge sheets filed in connection with the cases, also appeared before the court.

All the cases pertain to alleged investments made by various private firms and individuals to the tune of several crores of rupees in Jagan's businesses, as part of quid-pro-quo arrangement in exchange for alleged favours by the erstwhile YS Rajasekhar Reddy government.

The CBI has accused Jagan of amassing huge wealth through illegal means by misusing the office of his father YSR, when he was the Chief Minister of Andhra Pradesh between 2004 and 2009.

The first charge sheet was filed against Jagan and 12 others on March 31, 2012, in the issue relating to allotment of land to the tune of 75 acres each to pharmaceutical companies Hetero and Aurobindo Pharma separately. The investigating agency has filed 11 different charge sheets in the cases.