The Central Bureau of Investigation registered case against former Kadapa MP YS Jaganmohan Reddy under various sections 120-B (criminal conspiracy), 409 (criminal breach of trust), 420 (cheating), 477A (falsification of accounts) of the Indian Penal Code and section 13(2) of the Prevention of Corruption Act, 1988.
“Searches are being conducted at Hyderabad, Bangalore, Chennai, Kolkata, Rajkot, Delhi and Mumbai in this connection,” CBI said.
Searches also conducted at the following places:-
Nimmagadda Prasad’s residence in Sainikpuri
Penna Cements Pratap Reddy
Potluri Varaprasad residence
Indu Projects in Kukatpally
BP Acharya residence in Mahendra Hills
Hetero Drugs in Sanathnagar
RR Globals in Banjara Hills