Jagan not involved in Vanpic scam :CBI

CBI, which has been all along arguing in the courts that YSR Congress Party president Y.S.Jaganmohan Reddy was behind the land allotments to the Vanpic (Vadarevu and Nizampatnam Port Industrial Corridor), on Wednesday told the AP High Court that he was no way concerned with the land allotment and other related transactions.

Answering a slew of questions  by Justice Govindarajulu during the hearing of bail petition by Vanpic case accused Nimmagadda Prasad, CBI counsel told the court that Jagan had nothing to do with land allotment and granting concessions to Vanpic project.

CBI has been from the very beginning arguing in the courts that Jagan-owned companies received investments in quid-pro-quo from Nimmagadda Prasad who was favoured with land allotment and concessions.

The judge expressed impatience with the arguments of the CBI counsel Kesava rao who repeated the same old story of quid pro quo investments in Jagan companies. “Who else is involved in the quid pro quo agreements? Is Jagan as the prime accused involved in the Vanpic corridor transactions? If your answer is yes, please explain about the details,” the judge asked the CBI counsel.

With this, a shocked CBI counsel exchanged glances with the CBI officials present in the court and told the judge Jagan has nothing to do with the land allotment and related transactions.

“Y.S. Jagan Mohan Reddy had no connection with falsification of records  vis-à-vis allotment of land and extending benefits to the Vanpic project promoted by industrialist Nimmagadda Prasad,” said the CBI counsel.

Earlier, when CBI counsel began his arguments, the judge asked him to spell out the objections for granting bail to Nimmagadda Prasad. “ Don’t repeat what you have said in the charge sheets but tell me only your objections for granting bail,” said the judge impatiently.

(Updated on Sept 27,2012)

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