Hyderabad, June 8 (ANI): The Central Bureau of Investigation CBI) on Friday summoned Board of Control for Cricket in India (BCCI) president N Srinivasan for questioning in connection with the disproportionate assets case against YSR Congress chief Jagan Mohan Reddy.
Srinivasan has been summoned in his capacity as the Managing Director of India Cements Ltd.
The CBI wants Srinivasan to explain his firm's investments in Jagan's companies. The CBI believes that India Cements received benefits in the form of enhanced water allocations under the YSR regime, enabling it to double its production.
The development comes a day after a special CBI court granted the Enforcement Directorate (ED) access to certified copies of second and third chargesheets filed by the central agency in connection with the disproportionate assets case.
The ED, which has registered separate cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) against Jagan, is also probing alleged contravention of foreign exchange rules in his financial transactions and investments.
The court had last month allowed the ED's petition seeking copies of the charge sheet and related documents (pertaining to the DA case) after it had taken cognisance of the first charge sheet. (ANI)