Two petitions of accused in DA case dismissed

A special CBI court today dismissed two petitions of V Vijay Sai Reddy, an accused in the disproportionate assets case of YSR Congress chief Y S Jaganmohan Reddy, seeking adjournment of framing of charges in two charge sheets filed in the case.
The court, however, allowed his another petition seeking postponement in framing of charges in the fourth charge sheet filed in the case.
The CBI has so far filed five charge sheets, besides two supplementary charge sheets against Jagan and others in the case pertaining to alleged quid-pro-auo deals.
The CBI in March had requested the court that charges could be framed against the Kadapa MP and others, including Vijay Sai, as they were prima facie guilty.

However, Vijay Sai, who also was Jagan's financial advisor, subsequently filed three petitions in the CBI court seeking adjournment of framing of charges in connection with the second, third and fourth charge sheet.
The three charge-sheets relate to Jagati Publications owned by Jagan himself, the Ramky group and VANPIC project.

CBI filed the second charge sheet against Jagan, Vijay Sai and Jagati Publications Pvt Ltd (JPPL), on April 23, 2012, while the third charge sheet was filed against Jagan, Vijay Sai, Ramky Group chairman Ayodhyarami Reddy and others on May 7 last year wherein Ramky was charged of investing Rs 10 crore in Jagati Publications as a quid- pro-quo for the benefits it secured from the then YSR government.

The fourth charge sheet (VANPIC project) was filed on August 13 last year against 14 people and firms including Andhra Pradesh Roads and Buildings Minister Dharmana Prasada Rao and two senior IAS officers and Jagan and Vijay Sai.
The court today dismissed two petitions seeking adjournment of framing of charges against the accused (in second and third charge sheets) while allowing Vijay Sai's plea to adjourn framing of charges in the fourth charge sheet (VANPIC) till filing of the final charge sheet.
The court also directed the CBI to speed up its probe in the VANPIC aspect, while the investigations in second and third charge sheet have been completed.

The Central agency had earlier alleged that Vijay Sai was the kingpin behind the conspiracy in accommodating the "ill- gotten" money by floating fictitious firms.
CBI has accused Jagan of getting huge investments of several crores of rupees from various individuals and firms into his businesses as quid-pro-quo for the favours granted by the then Andhra Pradesh government headed by his father and chief minister (late) Y S Rajasekhara Reddy.