HYDERABAD: Jagathi Publications, founded by AP chief minister YS Jagan Mohan Reddy, on Wednesday charged the CBI with deliberately suppressing key evidence in respect of investments made in Jagathi.
Principal special judge of CBI courts BR Madhusudhan Rai took up the discharge plea filed by Jagathi seeking freedom from the quid pro quo case on the ground that it was not at fault in this case.
In its Ramky Pharma chargesheet in the quid pro quo case, the CBI made allegations on the investments made by two infra companies — ERES Projects and TWC Infrastructure — in Jagathi and described them as part of a quid pro quo arrangement between these firms and Jagan.
Jagathi was made an accused entity in this chargesheet.
According to the CBI, Ramky got undue benefits from the YSR government in 2008 and it paid bribes which are shown as investments in Jagathi.
Appearing for Jagathi, Supreme Court senior counsel Siddharth Agarwal said the CBI was contending that the two infra firms had made Rs 10 crore as an investment in lieu of the benefits Ramky got in Pharma City.
“These two firms made the investment at the behest of Ramky was the CBI version,” he said.
But when it came across evidence to the contrary, the CBI did not pursue the matter further, the senior counsel alleged.
He said that two directors of these infra companies deposed before the CBI that Mangalagiri YSRCP MLA Alla Ramakrishna Reddy had asked them to invest in Jagathi.
“This MLA is the brother of Ramky Pharma promoter and YSRCP MP Alla Ayodhya Rami Reddy.
Ramakrishna Reddy did this to secure an MLA ticket from YSRCP,” the senior counsel said, citing the depositions of the infra directors.
He said had the CBI examined the MLA, true facts about the investments would have come out.
But the Ramky chargesheet or its list of witnesses did not reveal any deposition from the MLA, the counsel said.
“We do not know whether CBI has examined him or not, but there is no such material on record,” he said.
The case will be heard on Thursday also.
CBI suppressing key evidence: Jagathi Publications
