The Supreme Court on Wednesday rejected a plea of the former Congress leader Y S Jaganmohan Reddy against the Andhra Pradesh High Court's order asking the CBI to conduct a probe into the alleged assets disappropriation case.
The bench headed by Justice Dalveer Bhandari said that there is no need to interfere with the order of the High Court.
Jaganmohan Reddy had earlier approached the Apex Court challenging the August 10 order of the High Court stating it as an unreasoned decision.
The High Court, in its order, had directed the CBI to take take their probe into the case to its logical end.
The High Court gave such an order as a result of the petition filed by the state Handlooms nd Textile Minister P Shankar Rao who alleged that Jaganmohan Reddy's income had ascended from Rs.11 lakh in 2004 to Rs.43,000 crore by the time of his father's death in 2009.
In his petition, Rao had sought for an CBI inquiry into the affairs of the companies that has been alleged to have invested in Jaganmohan's businesses to allegedly win favours in the form of land allotments and the mining leases from the then YSR government.
The high court had set aside the arguments put forth by Jaganmohan Reddy's counsel that the petitioners has political vedentta against him and said the contention of the petitioner needs to be appreciated.
On July 22, the Supreme Court had refused to saty the High Courts order for a preliminary inquiry by the CBI into the probe and to ascertain whether Jagan's assets was in proportion to his income or not.
A bench of Justices Dalveer Bhandari and Deepak Verma had dismissed Jagan's plea refusing to interfere with the High Court's order.
News Reported by AR for News vision
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