CBI summons BCCI chief Srinivasan

Hyderabad, Jun 8 :  The CBI has called BCCI Chief and India Cements Managing Director N Srinivasan for questioning in connection with disproportionate assets cases against YSR Congress chief Jaganmohan Reddy, agency sources said today. 
cbi summons bcci chief srinivasan - India TV
India TV News Desk 08 Jun 2012, 19:55:41 PM IST
Hyderabad, Jun 8 :  The CBI has called BCCI Chief and India Cements Managing Director N Srinivasan for questioning in connection with disproportionate assets cases against YSR Congress chief Jaganmohan Reddy, agency sources said today. 



They said Srinivasan has been asked to appear next week at the CBI office here.

CBI is probing the alleged investments made by Srinivasan's company India Cements in the companies promoted by the Kadapa MP during the tenure of his father Y S Rajshekhara Reddy as chief minister, the sources said.  

The agency has also asked officials of some other cement companies to appear for questioning, they said.  

CBI sources said the cement companies could be asked about water and limestone allocations made during the tenure of Rajashekhara Reddy as chief minister.

Efforts to contact Srinivasan did not materialise.

 The CBI, in its three charge sheets filed against Jagan and others, has alleged that he and his father had hatched a conspiracy to defraud the government with Jagan influencing Rajasekhara Reddy in doling out certain favours to various investors, who made investments in Jagan's businesses.  

Jagan is currently in judicial custody till June 11 and has been questioned by the CBI.

In a statement, a spokesperson of India Cements said,”We have received a notice in the context of allocation of water towards expansion of capacity of two of our plants in Andhra Pradesh.

“Our senior officials have already met officials of department in the past and have submitted all the required information sought by them.

We are confident that the matter will be resolved at the earliest since water allocation to our units was as per industrial policy of AP government,” it said.



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