APIIC officials depose before CBI

State Industrial Infrastructure Corporation (APIIC) officials today appeared before the CBI in connection with the YS Jagan Mohan Reddy Disproportionate Assets (DA) case.

Earlier, Revenue Department officials were called to give statements as the case involves land allotments to industrialists.

APIIC is the facilitator to industries and helps entrepreneurs set up industries. The allegation was that the Corporation has overlooked the policy matters and large extent of land was allotted to some business houses at a cheaper price.

YSR’s close aide KVP Rama Chandra Rao, the former Chief Minister’s personal security guard and others were called by CBI for questioning during the recent past.

There is criticism on the CBI that it is delaying the investigation process.