Double whammy: No bail, CBI chargesheet for Reddy

May 30, 2012 19:51

The CBI today filed a charge sheet against former Karnataka Minister and mining baron GJanardhana Reddy and six others in an illegal mining scam, involving a firm owned by him that allegedly caused a loss of Rs 480 crore to the state exchequer.

The seven accused have been charged with criminal conspiracy, criminal breach of trust, theft, forgery, falsification of accounts and section 13 1(D) of Prevention of Corruption Act, among other crimes. In the 28-page charge sheet filed along with over 18,000 supporting documents before a CBI court here, Reddy owned Associated Mining Corporation has been accused of carrying out illegal mining activities.

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