CCB is­sues no­tice to min­ing baron Reddy

Millennium Post - - Nation -

BEN­GALURU: A day af­ter con­duct­ing searches at his Bal­lari res­i­dence, the Cen­tral Crime Branch here Fri­day is­sued no­tice ask­ing min­ing baron Gali Ja­nard­hana Reddy, who is ab­scond­ing, to ap­pear be­fore it on No­vem­ber 11.

Reddy is wanted in con­nec­tion with money trans­ac­tion amount­ing to crores of ru­pees al­legedly linked to a ponzi scheme.

The cen­tral crime branch (CCB) is also hunt­ing for Reddy’s close aide Ali Khan, who al­legedly struck a Rs 20-crore deal with Syed Ahmed Fa­reed of Am­bidant Mar­ket­ing Pvt Ltd, a firm ac­cused of in­volve­ment in the ponzi scheme, to bail him out of an En­force­ment Direc­torate in­ves­ti­ga­tion.

Reddy’s lawyer C H Hanu­man­tharaya, who ear­lier moved a city civil court Fri­day seek­ing an­tic­i­pa­tory bail plea, told re­porters that Reddy would take a call Sat­ur­day whether to ap­pear be­fore the CCB or not.

“The bail plea we had filed was with­drawn af­ter the court asked the pros­e­cu­tion to file their ob­jec­tion by Mon­day.

The court also agreed to hear the vic­tims of the case (ponzi scheme). Since the mat­ter is com­ing up on Mon­day, we will de­cide whether Reddy should ap­pear be­fore the CCB or not,” Hanu­man­tharaya said.

Mean­while, Reddy filed two pe­ti­tions in the Kar­nataka High Court.

The first pe­ti­tion per­tained to quash­ing the First In­for­ma­tion Re­port against him stat­ing that it was based on “base­less al­le­ga­tions.”

The sec­ond plea sought re­moval of two po­lice of­fi­cials from in­ves­ti­gat­ing the case.

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