| Author | Message | ||
     Siloan Legend Username: Siloan Post Number: 32626 Registered: 03-2008 Posted From: 132.174.20.41 Rating: N/A |
I am here simplifying the Jagan-Dalmia(yesterday Chargesheeted)Case which everyone are requested to read till the end. Please note that whatever you read here is just one case out of total 11 cases on Jagan Reddy under probe What are the main companies involved and/or beneficiaries in the scam ? Raghuram(BHARATHI) Cements, DALMIA Cements What's this particular crime is all about ? Violation A : Grant of mining lease of limestone area to an extent of more than 2,000 acres by the government of AP vide GO No.95 dt.27-03-2006 to M/s. Raghuram Cements(Jagan owned) was a fraud perpetrated on the state exchequer CBI said to court Violation B : Dalmia Cement Ltd received transfer of mining lease to the extent of 1005 Acres Crime is : Jagan is self beneficiary in violation (A) and in addition as Quid Pro Quo Jagan has received 95 crores from Dalmia w.r.t violation (B) What is the evidence CBI agency has submitted to the courts Yesterday(04/08/2013)? CBI sources claimed they have got money trail of Rs 55 crore which were invested by Dalmia Cements in Jagan's company through hawala routes CBI claimed they have managed to establish that off the total Rs 95 crore allegedly invested by Dalmia Cements in companies promoted by Jagan over Rs 55 crore were invested through hawala channels in Raghuram Cements which was later renamed as Bharati Cements. CBI has mentioned these details in its charge sheet filed yesterday at a special court in Hyderabad What is the role of VIJAYA SAI REDDY ? Chargesheet also named Vijay Sai Reddy an accused, not for his auditing fraud but for his allegedly dubious role as a banker As the part time non-executive director of Oriental Bank of Commerce, Vijay Sai Reddy loaned Rs 200 crore to Raghuram Cements Ltd in violation of the banking guidelines and rules. Raghuram Cements also availed additional loan of Rs 134.78 crore from Oriental Bank of Commerce What is the role of Sabitha Indra Reddy - The sleepy Home minister of AP ? Chevella Menattha(then Mining minister)has signed all above G.Os for her menalludu Jaganmohan Reddy pakka db Jai PARAKALA |
