The Supreme Court Tuesday granted bail to Gali Janardhan Reddy, a former Karnataka tourism minister and a mining magnate, after he spent more than three years in jail in connection with an illegal mining case.
A bench of Chief Justice H.L. Dattu, Justice A.K. Sikri and Justice Arun Mishra granted bail to Reddy after Additional Solicitor General Maninder Singh - appearing for the CBI - told the court that the investigation in the case had been completed and a chargesheet had been filed.
Janardhan Reddy and his two brothers own the Obulapuram mining company.
They were ministers in the BJP government of then chief minister B.S. Yeddyurappa. However, all three were removed after their arrest in an illegal mining case.
Granting him bail, the court said he would furnish a bail bond of Rs.10 lakh and a sureity of like ammount.
The court also directed him to surrender his passport and stay away from mining areas like Bellary district of Karnataka, and Cuddappah and Anantpur districts of Andhra Pradesh.
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