Min­ing baron Reddy joins po­lice probe into Ponzi case

The Free Press Journal - - NATION - AGEN­CIES /

Kar­nataka's min­ing baron Gali Ja­nard­hana Reddy on Satur­day ap­peared be­fore the state's Cen­tral Crime Branch (CCB) for in­ter­ro­ga­tion in a Ponzi-re­lated case, po­lice said.

"Reddy ap­peared be­fore our in­ves­ti­ga­tion of­fi­cers with his lawyer in our of­fice for ques­tion­ing his al­leged role in the multi-crore Ponzi scheme case," a CCB of­fi­cial told re­porters here.

Reddy's ap­pear­ance at the CCB of­fice came a day af­ter a city court on Fri­day de­clined to grant him an­tic­i­pa­tory bail.

The CCB has al­leged that Reddy had shielded the ac­cused in the Ponzi scheme from be­ing in­ves­ti­gated by the En­force­ment Direc­torate (ED).

Reddy, a for­mer BJP Min­is­ter in the state, is on bail in the multi-crore min­ing scam that rocked the south­ern state for a decade from 2002 to 2012.

In a video clip re­leased to lo­cal news channels hours be­fore he drove to the CCB of­fice in the city's south­west sub­urb, Reddy de­nied spec­u­la­tion that he was ab­scond­ing or hid­ing in Hy­der­abad.

"Though I have been in Ben­galuru only, I learnt through news channels that I am in Hy­der­abad. I am go­ing to the CCB of­fice on the ad­vice of my lawyer Chan­drashekar in re­sponse to its no­tice," Reddy said in the video clip.

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