Apex court turns down Reddy’s plea against AP High Court order
25 Aug 2011
The Supreme Court yesterday turned down former Congress leader Y S Jaganmohan Reddy's plea against the Andhra Pradesh High Court's order allowing the CBI to conduct a probe into his alleged disproportionate assets.
"There is no need to interfere with the order of the high court," a bench headed by Justice Dalveer Bhandari said.
Reddy, son of late chief minister Y S Rajasekhara Reddy, while moving the apex court had challenged the 10 August order of the high court saying it was not a "reasoned decision".
In its order the CBI had been directed by the high court to take its probe into the case to its logical end.
The order of the high court came on a petition filed by state hand-looms and textile minister P Shankar Rao alleging that Jagan's income had risen from Rs11 lakh in 2004 to Rs43,000 crore by the time of his father's death in 2009.
Rao was seeking a CBI inquiry into the companies that had invested in Jagan's businesses allegedly with a view to winning favours by way of land allotments and mining leases from the then YSR government.
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