YSRCP president, Mr. Y.S. Jagan Mohan Reddy is out on bail now. Jagan Reddy who has been facing constant remarks on disproportionate assets case for the last 18 months and who has been arrested in the month of May last year is finally out on the bail.
The party which is on high spree right from the start as every survey was placing or making them the sure shot winners in the next elections. His arrest served a huge blow, but the party was placed in the hands of Jagan's mother and sister, and they have run this party in the last 18 months pretty well, achieving major establishments like winning by-elections and his sister making success on the marathon walk of 3000Kms and the recent Bus tour for against separation of state.
This Bail is a huge relief for the both leaders his mother and sister as they have really met targets of being in close or staying with people. Heavy developments were noticed near the CBI court today, in the afternoon CBI has mentioned there were no quid pro quo's in atleast 16 companies like Sandur Power, PVP ventures, vanpic, Brahamni Infra, R R Global, Saraswati power, Mantri Developers, Jubilee Media and some other.
After CBI saying there were no proofs that above listed companies were involved in quid pro. With this statement coming out before the Memo was launched or given to the court, YSRCP was feeling a huge sigh of relief. Jagan Reddy was eagerly waiting for the bail to make his party revive or survive in the state especially when there is a lot of hype of dividing or bifurcation of state process has been initiated.
Jagan is said to be released tomorrow in the latter hours as Jagan's bail plea came to judge in the wee hours of Monday and he was given bail at 4:45 P.M. which is said to be last working hour for Court.
Jagan need to produce 2 lakh rupees fixed deposit and 2 surety bonds and also have laid down conditions :
Jagan need to surrender his passport to the court
Jagan shouldn't leave Hyderabad without concsience of court.
He should not communicate in any means with witnesses.
If he failed to meet this conditions his bail will be cancelled.
Though he may need to tour the state in the next few months in the wake of 2014 elections, he is likely to make an appeal for the second condition, where he would like to replace Hyderabad with Andhra Pradesh with any condition like being examined by police personnel or any other minor litigation.
As the time has been completed i.e., working hours have been completed, he would be released from Jail tomorrow afternoon or evening, after the fd and bonds along with passport would be submitted to court in the wake hours of court timings tomorrow and the release order would be handed over to the police after that.
We will be providing live pictures and news tomorrow in the blog tomorrow.. Do turn up for updates.
The party which is on high spree right from the start as every survey was placing or making them the sure shot winners in the next elections. His arrest served a huge blow, but the party was placed in the hands of Jagan's mother and sister, and they have run this party in the last 18 months pretty well, achieving major establishments like winning by-elections and his sister making success on the marathon walk of 3000Kms and the recent Bus tour for against separation of state.
This Bail is a huge relief for the both leaders his mother and sister as they have really met targets of being in close or staying with people. Heavy developments were noticed near the CBI court today, in the afternoon CBI has mentioned there were no quid pro quo's in atleast 16 companies like Sandur Power, PVP ventures, vanpic, Brahamni Infra, R R Global, Saraswati power, Mantri Developers, Jubilee Media and some other.
After CBI saying there were no proofs that above listed companies were involved in quid pro. With this statement coming out before the Memo was launched or given to the court, YSRCP was feeling a huge sigh of relief. Jagan Reddy was eagerly waiting for the bail to make his party revive or survive in the state especially when there is a lot of hype of dividing or bifurcation of state process has been initiated.
Jagan is said to be released tomorrow in the latter hours as Jagan's bail plea came to judge in the wee hours of Monday and he was given bail at 4:45 P.M. which is said to be last working hour for Court.
Jagan need to produce 2 lakh rupees fixed deposit and 2 surety bonds and also have laid down conditions :
Jagan need to surrender his passport to the court
Jagan shouldn't leave Hyderabad without concsience of court.
He should not communicate in any means with witnesses.
If he failed to meet this conditions his bail will be cancelled.
Though he may need to tour the state in the next few months in the wake of 2014 elections, he is likely to make an appeal for the second condition, where he would like to replace Hyderabad with Andhra Pradesh with any condition like being examined by police personnel or any other minor litigation.
As the time has been completed i.e., working hours have been completed, he would be released from Jail tomorrow afternoon or evening, after the fd and bonds along with passport would be submitted to court in the wake hours of court timings tomorrow and the release order would be handed over to the police after that.
We will be providing live pictures and news tomorrow in the blog tomorrow.. Do turn up for updates.
