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Special CBI Court rejects bail plea of Karnataka mining baron J.Reddy

Hyderabad, Tue, 13 Sep 2011 ANI

Hyderabad, Sep.13 (ANI): A special CBI court on Tuesday rejected the bail petitions of former Karnataka Minister and mining baron G Janardhan Reddy and his cousin and brother-in-law B.V.Srinivas Reddy and also granted the CBI custody of Reddy until September 19 on charges of ilegal mining in Andhra Pradesh.


The court had on Monday reserved its order for Tuesday after hearing arguments of defence counsels of Janardhan Reddy and his aide Srinivasa Reddy, who were arrested on September 5 for their alleged involvement in the illegal mining scam.


After hearing arguments of defence counsels and prosecution which went on throughout the day, the magistrate passed orders at 9.15 p.m. reserving judgment for Tuesday.


Janardhan Reddy and Srinivasa Reddy, MD of Oblapuram Mining Corporation (OMC), were arrested by CBI on September 5 at Bellary in Karnataka in an alleged illegal mining scam and remanded in judicial custody till September 19. They are currently lodged at the Chanchalguda central jail here.


Appearing on behalf of CBI Additional Solicitor General, Vivek Tanaka opposed the bail pleas of the accused and urged the court to grant CBI their custody to get information about illegal mining activities. He argued that custodial interrogation of both accused was necessary and crucial to get information about the illegal mining activities as both had personal knowledge about them.


Earlier, defence counsel C V Nagesh, a Karnataka High Court lawyer, and Raghavachari contended in the court that their clients have a good reputation in society and there was hidden agenda to go against them.


Appealing to the court to grant bail to the duo, they said their clients would cooperate with the investigating agency in its probe. (ANI)


Read More: Bellary | Janar | Mon | Andhra

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