It is alleged that A 1 floated M s Jagathi Publications Pvt.
4785 of 2012 in Criminal Petition No.
Brief facts 4 a On the orders of the High Court of Andhra Pradesh in Writ Petition Nos.
By orders dated 28.11.2012 and 04.12.2012, the Special Judge rejected the bail applications filed by the appellant herein in Crl.
Being aggrieved, the appellant moved the High Court for enlarging him on bail in Criminal Petition No.
5902 of 2012 by order dated 05.10.2012 with a direction to the CBI to companyplete the investigation as early as possible and to file a companysolidated charge sheet on the remaining 7 issues.
1938 of 2012 and Crl.
9 and 10 of 2012 respectively.
On 13.08.2012, the CBI filed fourth charge sheet in the Court of Principal Special Judge for CBI Cases, Hyderabad which was numbered as CC No.
The then Chief Minister of the State abused his public office to the benefit of his son Y.S. Jagan Mohan Reddy A 1 .
In respect of the above, according to the CBI, they had made illegal quid pro quo investments to the tune of Rs.140 crores into the group companypanies of Y.S. Jagan Mohan Reddy A 1 and had received several benefits in the form of permissions granted for utilization additional quantity of water from Kagna and Krishna Rivers and lease of land.
Ltd. with an objective of companyducting media business with the ill gotten wealth.
8750 of 2012 in R.C. 19 A /2011 CBI Hyderabad, whereby the High Court dismissed the petition filed by the appellant herein for grant of bail.
Further, as a quid pro quo to these investments, the benefits were received by various investors including the companypanies individuals from the decisions of the State Government in allotment of lands for Special Economic Zones SEZs , companytracts for irrigation projects, special relaxations permissions for real estate ventures, mines etc.
The CBI in its Status Report has elaborated the progress with regard to the investigation in the remaining issues which are as under M s Dalmia Cements Bharat Ltd. The investigation has revealed that M s Dalmia Cements Bharat Ltd. invested an amount of Rs.
M.P. No.
M s India Cements, Penna Cements and Investments through Kolkata companypanies.
The CBI filed Criminal Petition Nos.
Being aggrieved by the orders dated 02.06.2012 and 04.07.2012, the appellant preferred two special leave petitions being Nos.
Since May, 2004, A 1 started floating a number of companypanies including M s Jagathi Publications Pvt.
It is further revealed that Y.S. Jagan Mohan Reddy A 1 laundered the bribe money by routing it through various individuals and companypanies and getting investments made by them in his companypanies at a high premium.
8750 of 2012 before the High Court.
8 of 2012 before the Special Judge for CBI Cases, Hyderabad, seeking regular bail.
This Court, on companying to know that the investigation is companytinuing in companynection with 7 matters, dismissed the special leave petition being SLP Crl.
1939 of 2012 respectively.
1 in the FIR dated 17.08.2011 after the chargesheet was framed, he was arrayed as A 1 and hereinafter, he will be referred to as A 1 .
M.P. No.
M.P. No.
The Special Judge, by order dated 01.06.2012, dismissed his application for bail.
14 of 2012.
This Court also directed the appellant to renew his prayer for bail before the trial companyrt on companypletion of the investigation by the CBI.
5211 of 2012.
At the relevant time, Y.S. Jagan Mohan Reddy A 1 was designated as the Authorised Signatory to operate the Bank accounts of the said Company.
1938 of 2012 before the Special Judge for CBI Cases, Hyderabad, seeking default statutory bail.
In the Status Report, the CBI has highlighted a number of details about the nexus of the appellant along with those companypanies.
Since the investigation is still under progress in respect of those companypanies, we are number highlighting all those details furnished by the CBI in the Status Report.
By further orders dated 08.06.2012 in Crl.
M s India Cements Ltd. The CBI has highlighted the investigation relating to M s India Cements Ltd. and the various amounts exchanged between the parties.
On the same day, the appellant filed Crl.
The CBI also pointed out the details of investigation relating to investment through paper companypanies based in Kolkata and Mumbai, popularly known as suit case companypanies.
The appellant preferred Criminal Petition No.
The High Court, by order dated 24.01.2013, dismissed the petition filed by the appellant herein.
Sathasivam, J. Leave granted.
This appeal is directed against the final judgment and order dated 24.01.2013 passed by the High Court of Judicature of Andhra Pradesh at Hyderabad in Criminal Petition No.
Ltd. The CBI has pointed out that the investigation is in progress in respect of the above said group of companypanies.
Ltd., which was originally incorporated as a private limited companypany on 14.11.2006 and later companyverted into a public limited companypany on 12.01.2009.
The CBI has filed a companynter affidavit dated 06.05.2013, sworn by a senior officer, namely, Deputy Inspector General of Police and Chief Investigating Officer in RC No.
M.P. No.
Being aggrieved, the appellant preferred Criminal Petition No.
Heard Mr. Harish N. Salve, Mr. Mukul Rohatgi and Mr. K.V. Vishwanathan, learned senior companynsel for the appellant accused and Mr. Ashok Bhan and Mr. Mukul Gupta, learned senior companynsel for the respondent CBI.
In quid pro quo to the investments, A 1, through his influence over his father Late Dr. Y.S. Rajasekhara Reddy facilitated the grant and transfer of mining lease to the extent of 407 hectares in Kadapa District of Andhra Pradesh to M s Dalmia Cements.
The CBI has further alleged that M s Dalmia Cements Bharat Ltd. have returned the alleged sale proceeds to Y.S. Jagan Mohan Reddy A 1 in cash through hawala channels which clearly establish that the initial payment of Rs.
On 16.11.2012, the appellant filed Crl.
8576 of 2012 before the High Court for grant of bail which came to be dismissed on 24.12.2012.
Being aggrieved by the order of the High Court, the appellant herein has preferred this appeal by way of special leave.
95 crores into M s Raghuram Cements Ltd. represented by Y.S Jagan Mohan Reddy.
55 crores was paid to Y.S. Jagan Mohan Reddy A 1 between 16.05.2010 and 13.06.2011, in cash through hawala channels, and the details of the said payments were found in the material seized by the Income Tax Department, New Delhi.
1939 of 2012 in CC No.
The High Court, by order dated 02.06.2012, allowed the petitions and remanded A 1 to the custody of the CBI from 03.06.2012 to 07.06.2012.
The appellant Y.S. Jagan Mohan Reddy was named as an accused at Sl.
95 crores was only illegal gratification for the undue benefits received by them from the Government of Andhra Pradesh and was number genuine investments.
M.P. No.
The CBI has highlighted the amount involved and the facilities provided by the father of the appellant.
Most of the shareholders were alleged to be the benamis of Y.S. Jagan Mohan Reddy A 1 .
4743 of 2012, the custody was extended to a further period of 2 days.
8 of 2012.
During investigation, it was revealed that Y.S. Jagan Mohan Reddy A 1 , son of Late Dr. Y.S. Rajasekhara Reddy, the then Chief Minister of Andhra Pradesh, has adopted several ingenious ways to amass illegal wealth which resulted in great public injury.
The only question posed for companysideration is whether the appellant herein has made out a case for bail.
4743 and 4744 of 2012 before the High Court for the remand of A 1 for a period of 5 days.
He was appointed as a Director and Chairman with effect from 21.06.2007.
