Nov 1, 2013
Board of Control for Cricket in India (BCCI) chief N Srinivasan, an accused in graft case involving Jaganmohan Reddy, has appeared before Central Bureau Investigation (CBI) court in Hyderabad on Friday.
Srinivasan was accused in one of the three fresh chargesheets filed by CBI in a special court in September.
In the charge sheet related to India Cements, the CBI has named Srinivasan too. In fact, the CBI has already questioned him twice last year about the investments that his company made in Jaganmohan Reddy’s company.
Srinivasan is the managing director of India Cements. Moreover, India Cements owns the Indian Premier League team Chennai Super Kings (CSK). Earlier this year, Srinivasan’s son-in-law Gurunath Meiyyapan was arrested by the Mumbai police for his involvement in the IPL 2013 betting scandal. IPL 2013 spot-fixing controversy rocked this year’s tournament, with former India Test bowler S Sreesanth also found guilty.
India Cements allegedly is said to have invested in tune of Rs 140 crore into Jaganmohan’s firms and that is in turn for the benefits it received when Jaganmohan’s father YS Rajasekhara Reddy was at the chief minister of Andhra Pradesh. YSR was cruelly killed in a helicopter crash back in 2009. The CBI has filed a charge sheet in the special court, accusing as many as 25 under the Indian Penal Code.
(With inputs from PTI)