Nimmagadda sent to Chanchalguda Jail Hyderabad, May 16 (INN): The CBI Special Court at Nampally on Wednesday remanded noted industrialist Nimmagadda Prasad, the promoter of VANPIC and a senior bureaucrat K V Brahmananda Reddy to judicial custody till May 30.
They were arrested on Tuesday in connection with illegal assets case against Y S R Congress president Jagan Mohan Reddy.
The special court gave these directions when they were produced in the court. Later, both were shifted to the Chanchalguda Central Jail under tight police security.
Meanwhile, the CBI has sought 15 days custody of Nimmagadda Prasad and Brahmananda Reddy. However, the court after hearing the arguments of CBI counsel posted the petition for next hearing to May 17.
Nimmagadda Prasad has been named as 12th accused among 74 in the First Information Report filed by CBI in August last against Jagan Mohan Reddy and others.
News Posted: 16 May, 2012
|