The Central Bureau of Investigation (CBI) has strongly opposed the bail plea of Sunil Reddy, an accused in the APIIC-Emaar Land Scam Case. The investigating agency counsel Ravindranath told the CBI Special Court Judge B Naga Maruthi Sharma that Mr Reddy had not yet revealed the names of the persons to whom he paid the illegal money he had collected in the Emaar Scam. He said the CBI was yet to find out whether he had given the amount to YSR Congress Party President Y S Jaganmohan Reddy, or to any other person. Claiming that Sunil Reddy was the right hand man of Mr Jagan in all financial matters, the CBI told the court he showed an income of Rs two lakh in 2004.
But his income went up to Rs 99 lakh in 2011 and hence it has to be ascertained on how this happened, the counsel told the Judge. Opposing the bail tooth and nail, the CBI said Sunil Reddy had collected huge amounts in Emaar Scam and investigation has been going on to find out where the money went. The court deferred further hearing on the bail petition till March 16. UNI