CBI sources claimed they have got money trail of Rs 55 crore which were allegedly invested by Dalmia Cements in Jagan's company through hawala routes in return for favours received from the state government headed by his father Y S Rajasekhara Reddy, popularly known as YSR.
They said Andhra Pradesh Home Minister Sabita Reddy, who was the Mines Minister in YSR cabinet had allegedly overlooked norms and rules to extend mining leases to Dalmia Cements as quid pro quo for the investments.
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They 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 Bharti Cements.
CBI has mentioned these details in its charge sheet filed yesterday at a special court in Hyderabad.
The agency filed its fifth charge sheet before a Special CBI Court here naming Jagan and 12 other individuals including Sabita Reddy besides firms including Dalmia Cements.
Sabita is the third minister from the state to figure in five charge sheets filed by CBI in connection with properties allegedly amassed by Kadapa MP YS Jagan Mohan Reddy which were disproportionate to his known sources of income.
Others made accused include Jagan's aide Vijay Sai Reddy, Vice-President Dalmia Cements Punit Dalmia, IAS officer Y Sri Lakshmi and the then Director Mines in Andhra Pradesh V D Raja Gopal.
The 62-page document pertains to alleged investments made by Dalmia Cements and two other cement firms - Eeswar Cements and Raghuram Cements - in businesses promoted by Jagan, who is currently in jail.
Dalmia Cements and the other cement firms were under CBI scanner for alleged benefits they got in the form of limestone mines in return for investments in Jagan-promoted companies.
The probe agency has charged these firms with making investment to the tune of several crores in entities owned and promoted Jagan.
The agency, in its four charge sheets filed earlier, has alleged that Jagan and his father had hatched a conspiracy to defraud the government.
According to the charge sheets, the state government granted favours to certain firms which made investments (at a very high premium) in Jagan's businesses as a quid pro quo.
Jagan, arrested on May 27 last year, is currently in judicial remand and lodged at the Chanchalguda Central Prison here.
CBI had earlier told the Supreme Court that it would complete investigations in the Jagan case by March 31, 2013. After failing to meet the deadline, the agency said it would expedite its probe.