With the arrest of former Karnataka Tourism minister and Obulapuram Mining Company owner Gali Janardhana Reddy, the Central Bureau of Investigation (CBI) is now investigating the nexus between Kadapa MP YS Jaganmohan Reddy and the Reddy Bros.
According to the CBI affidavit in the AP High Court, Janardhana Reddy had made huge quid pro quo investments into Jagan’s Jagati Publications. It is also investigating RR Global owned by S. Diwakar Reddy which had invested in both Jagathi Publications and OMC.
Incidentally, Diwakar Reddy’s brother S. R. Reddy is the executive director of Sakshi Telugu daily and Indira Television.
Sources say that CBI is likely to arrest Jagan in a couple of days after getting evidence from the records seized from Gali Janardhana Reddy.