Jagans bail plea rejected by Supreme Court

By: admin
Updated: 05 Oct 2012 03:18 AM

New Delhi: YSR
Congress leader and Member of Parliament Y S Jaganmohan Reddy will have to
be in jail for some more time with the Supreme Court today dismissing his
bail plea in the alleged multi-crore disproportionate assets case against

A bench of justices Aftab Alam and Ranjana Prakash Desai
ruled that Jagan can apply for bail only after the CBI completes its
investigation in all the seven other cases lodged against him.

contours are much larger," the bench observed while refusing to entertain
the persistent plea of senior counsel Gopal Subramaniam, who appeared for

Responding to queries from the bench, the CBI said it
would complete the investigation by March 31, 2013. However, it later told
the bench that it would try to complete it much more expeditiously.

apex court passed the order after Additional Solicitor General (ASG) Mohan
Parasaran and senior counsel Ashok Bhan appearing for the CBI contended
that Jagan cannot be granted bail as investigations were still underway in
seven cases against him and letter rogatories have been issued to various
countries as the cases have international ramifications.

to queries from the bench, Parasaran said the total amount accumulated by
Jagan and his associates, insofar as the four charge sheets have been
filed, amounted to over Rs 3000 crore.

He submitted it would not
be proper to release Jagan at this stage as the case "is a very serious
economic offence that is unparallelled. The accused is also known for his
political prowess. The saga of investigations is still continuing."

are so influential that they can influence the witnesses even while being
inside," the ASG said.

Parasaran's argument, however, was
countered by Subramaniam who said bail was a statutory right and Jagan was
entitled to the same as otherwise it would violate his right under article
21 of the Constitution. .