CBI argues YV Subba Reddy is part of conspiracy in contract to Indu Projects
Deccan ChronicleHYDERABAD: The Central Bureau of India on Friday told the Telangana High Court that Y.V. Jagan Mohan Reddy and his group to obtain costly land parcels in various parts of undivided Andhra Pradesh under the guise of developing housing projects in the name of M/s Indu Projects Pvt Ltd. CBI counsel N. Nagendar furnished documentary evidence to the High Court to show that the contract to build low and medium-income group housing as well as villas at Gachibowli, Kukatpally and Nagole was accorded to Indu Projects by the AP Housing Board during the tenure of Rajashekar Reddy. CBI counsel explained to the court how Indu Projects and other companies like Soma and Unity were excluded from the housing project at Gachibowli, and Subba Reddy was included in that site. The CBI furnished these arguments before a bench of Chief Justice Ujjal Bhuyan, who was hearing the petition filed by Subba Reddy seeking to quash his name from the FIR registered by CBI in relation to the Jagan Mohan Reddy's disproportionate assets case.