The Central Bureau of Investigation that is probing YS Jagan illegal assets case has reported that it has obtained several key documents and evidences in order to prove that Vijayasai Reddy has cheated on innocent investors who invested in Jagati Publications.  The investigation on this cheating matter is still underway, added CBI.

  It has also stated that APIIC has witnessed 21.50 crore rupees loss only because of Hetero and Aurobindo groups and the same has been stated in the recent charge sheet, mentioned CBI.  Meanwhile, CBI SP H. Venkatesh has filed a counter petition against the bail plea filed by Vijayasai Reddy before the CBI Court.  He has stated that Vijayasai Reddy played a key role in showing rewards (from those who benefitted by the then government) as investments. He has also mentioned that Vijayasai acted as an agent to Y S Jaganmohan Reddy.  To make a point he further mentioned that Jagati Publications that started as a private limited company in 2006 has turned into a public limited company by 2009 and Vijayasai Reddy became the director by holding 3500 shares worth ten crore rupees. 

CBI has also mentioned that key documents are already with them that reflect as to how Vijayasai Reddy gave false information to increase the value of Jagati Publications.  It may be noted that the Centre has sent Rogatory letters to Mauritius, UK, Singapore and Luxemburg as a part of investigation after seeking court’s permission.  CBI stated that they had to arrest Vijayasai Reddy as he was reluctant to speak before the arrest and in turn he pressed the key witnesses.(Phani)