After going through the documents and note files pertaining to land allotments and exemptions granted by the government to various companies and individuals, the CBI had found “leads” to establish the case prima facie, said sources. Referring to money laundering allegations and foreign investments in companies owned by Mr Jagan Mohan Reddy, the CBI is said to have noted that the allegations can be proved only through a regular inquiry as the preliminary probe did not permit it to look into the documents pertaining to Foreign Direct Investments (FDI).
The CBI submitted a comprehensive report on its preliminary enquiry into Emaar and the Kadapa MP to the High Court registry in four sealed covers which Chief Justice Nisar Ahmad Kakru said that the court would open at an appropriate time during the hearing of the plea against Emaar. He also informed senor counsel from Supreme Court appearing for Emaar, Mr L. Nageswara Rao, that the court would take his assistance while opening the report. The court will hear the plea against Mr Jagan Mohan Reddy on Wednesday. Deccan Chronicle