11 Accused Get Bail In Jagan Assets Case

The CBI court, on Monday, granted bail to 11 out of 13 accused in connection with the disproportionate assets case against Kadapa MP Y S Jaganmohan Reddy.

Except prime accused Jaganmohan Reddy and Jagathi Publications vice-chairman Vijay Sai Reddy, the court granted bail to 11 others who were named as the accused in the first chargesheet. They include Hetero Drugs managing director Srinivasa Reddy, Aurobindo Pharma MD Nityananda Reddy, Trident Life Sciences MD Sarat Chandra Reddy, former APIIC officer Y Vijayalakshmi and Aurobindo Pharma's former secretary Chandramouli.

Those who appeared in the court include senior bureaucrat B P Acharya, industrialist Nimmalagadda Prasad and IRS officer K V Brahmanda Reddy.

The court extended the custody of Nimmalagadda Prasad and IRS officer K V Brahmanda Reddy till 30 May. Following the court's directions, officials shifted Nimmalagadda Prasad and Brahmananda Reddy to Chanchalguda jail.

Earlier, the CBI sought custody of Nimmalagadda Prasad and Brahmananda Reddy for another 4 days. However, the court sent them back to judicial custody in Chanchalguda Jail. (INN)