As per the deal, Jaganmohan Reddy will extend support to Congress-led UPA after the next Lok Sabha polls in 2014 and also may facilitate Congress to secure more seats from Andhra Pradesh. With the formation of Telangana state, Congress is expecting it would win almost all seats, except two, from this region. The YSR Congress Party, which is expected to win in most of seats in the remaining Seemandhra region of the state, will keep Congress interests alive.
Following this deal only, senior CBI officers, who played key-role in investigation of the case, were dispatched from the state to their original postings, ofcourse after completion of their term. The investigation by the Enforcement Directorate against Jaganmohan Reddy was kept at low.
Immediately after Supreme Court’s deadline of September 9 completed for the CBI to file chargesheets in this case, Jaganmohan Reddy applied for the bail in special CBI court on September 11. The court posted the bail plea for hearing on September 18 in a case related to alleged quid-pro-quo investments in his companies.
The court posted the matter for hearing next week after the CBI requested for more time to file its counter affidavit on Jagan's bail petition. The court directed the central agency to file its counter before September 18 and adjourned the matter.
The Kadapa MP had yesterday moved the special CBI court seeking bail on the ground that the four-month deadline set by the Supreme Court for completion of investigation by the CBI into the case against him ended on September 9. The central agency on September 10 filed three more charge sheets against the Kadapa MP and others. With this, eight charge sheets have been filed in the case till now.
Jaganmohan, arrested by the CBI on May 27 last year on charges of amassing disproportionate assets, has been lodged in Chanchalguda Central Prison here. He is in judicial remand till September 20. CBI had earlier informed the court that it would file a final charge sheet within a few days. It has indicated that it will file final charge sheet on next Monday.
In the bail plea, filed through his counsel, Jaganmohan Reddy said that in view of the ongoing agitation in coastal Andhra and Rayalaseema regions regarding bifurcation of Andhra Pradesh, there was a need for him to be with the people and lead the stir as a leader of a political party.
The Supreme Court had on May 9 had rejected Jaganmohan Reddy’s bail plea and directed the CBI to complete investigation and file charge sheet within four months.
The case relates to alleged investments made by private firms and individual investors in Jagan's companies as a quid-pro-quo for Government favours when his father, late Y S Rajasekhara Reddy, was Andhra Pradesh Chief Minister. Several corporate entities, bureaucrats, Jaganmohan's aides and former Congress ministers figure in the charge sheets filed till now.
Meanwhile, YSR Congress Party is suspecting the motive behind TDP leader N Chandrababu Naidu’s sudden trip to Delhi suspending his “Atma Gowrava Yatra”. Former union minister and senior party leader Dr Umareddy Venkateswarlu alleged he is gong Delhi on a hidden agenda at a time when YS Jagan Mohan Reddy has moved court for bail and it is not for discussing the prevailing political unrest in the state as he has been projecting.
'Such trips by TDP leaders to Delhi by now have become a pattern. At every important juncture of YS Jagan Mohan Reddy's case, Naidu or is confidants have been seen lobbying in Delhi. This time around his tour has a hidden agenda and it is not to discuss the state affairs as he has announced,' Dr Venkateswarlu added.