Jagan not likely to come out of jail in near future

Jagan Mohan Reddy’s bail petition in Supreme Court was on Friday dismissed. The apex court denied relief to Jagan, who has been languishing in Chanchalguda Jail in Hyderabad, since May this year for alleged corruption.

The court further ordered that Jagan’s bail plea will not be heard till all investigations into his alleged violations of various laws was completed. That effectively means that Jagan Mohan Reddy would continue to be confined to jail for a long time to come.

The Supreme Court had on August 9  dismissed a petition of YSR Congress leader challenging his arrest in a disproportionate assets case.

A bench of Justices Aftab Alam and Ranjana Prakash Desai, however, had sought response of the CBI on a separate petition byJagan, who is an MP, seeking bail in the matter.

The court’s decision came in the backdrop of Enforcement Directorate’s action a day before attaching properties worth Rs 51 crore in Jagan’s case.
Enforcement Director on Thursday informed that movable and immovable properties of Jagan, valued Rs. 51 crores are attached in the cases that are related to investments in his organizations. It announced that this action was being taken under the PMLA under the section 5 (1).
The ED’s action apparently came handy for the CBI which vehemently opposed Jagan’s bail plea.
A pall of gloom has descended on YSR Congress Party camp following the news. The party leaders were confident till the other day that Jagan, who has been confined to jail for the last four months, would be let out. However, the ED’s action in the nick of time seems to have poured water in their hope.
The court earlier set a deadline of March 31, 2013 for Jagan’s lawyers to file a fresh bail plea. However, following Jagan’s lawyers’ intervention, the court modified its ruling to the effect that any bail plea would be heard only after the investigation was complete. Which effectively means that Jagan will not be a free man anytime soon.
The Judges also asked the CBI to file one single chargesheet against Jagan instead of filing different sets in the court.