Indian cricket officials have been grabbing headlines for their off-field activities. The corruption issue once again came to the forefront when yesterday, on 10 September, the Central Bureau of Investigation (CBI) filed a chargsheet against the Indian Cements Managing Director and Board of Control for Cricket in India President N. Srinivasan as accused number three in a special court for a corruption case, which also involved YSR Congress Party chief, Mr. Jaganmohan Reddy.
Mr. Srinivasan, who had recently came out of the spot fixing scandal in last edition of the Indian Premier League (IPL
) has now stepped into another mess. India
Cements invested 140 crore into Jagan's businesses and got huge benefits out of it during the government of YS Rajshekar Reddy. The CBI has questioned Mr. Srinivasan about this investment twice during the inquiry, reported Deccan Chronicle.
Till date, CBI has filed three chargesheets for Penna, Raghuram and India Cements cases. In Penna cements chargesheet, CBI has filed that the chairman of the Penna Group, Mr. Pratap Reddy has allegedly invested 68 crores into Carmel Asia of Bengaluru and Jagati Publication of Hyderabad
receiving benefits in the form of transfer of government land in Anantapur district.
In the chargesheet of Raghuram cements, the CBI has said that there were grave irregularities in granting mining lease for limestone in Kadapa district to the company. And India Cements has invested 140 crores in Mr. Jaganmohan Reddy group of companies and has harvested huge benefits by using the additional water from Kagna and Krishna rivers and lease of land.