High Court has dismissed the bail petition of Y.S. Jagan Mohan Reddy on Monday in the alleged illegal assets case. The CBI had informed Andhra Pradesh High Court that YSR Congress supremo and Kadapa MP was arrested in Vanpic case only.
Nimmagadaa Prasad promoter of Vanpic allegedly invested in Jagan Mohan Reddy’s company Rs 854 crore in quid pro quo for which YSR government doled out favours to the industrialist. Earlier, the Supreme Court too dismissed Jagan’s bail plea.