September 5th, 2011
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Former Karnataka minister, Janardhana Reddy under arrest

Janardhana-reddyBangalore: Former Karnataka Minister and mining baron, G Janardhan Reddy and Managing Director of Obalapuram Mining Company and brother-in-law of the former minister, B V Srinivas Reddy have been arrested by the CBI today at 6 am, after conducting raids at their premises.

During the raids, the investigators recovered Rs. 3 crore cash and 30 kg gold from Janardhana Reddy’s house and Rs. 1.5 crore cash from Srinivas Reddy’s house. A 10-member CBI team raided the house of Janardhana Reddy in Bellary and Srinivas Reddy’s house in Bangalore.

The CBI is said to be investigating illegal mining operations in the Reddys’ Obulapuram mining company which is owned by the brothers – G Karunakara Reddy, G Janardhana Reddy, G Somashekara Reddy in Andhra Pradesh. Reddy, who was the Tourism and Infrastructure Development Minister in the previous B S Yeddyurappa government, was among those indicted by the Lokayukta report on illegal mining submitted to the Government on July 27. About 65 mining companies including OMC are under the CBI scanner.

CBI team led by its DIG, P V Lakshminarayana has taken Janardhana Reddy and Srinivasa Reddy to Hyderabad for further questioning.

However senior BJP leader said that “It has been in public knowledge for a long time that Janardhana Reddy has been carrying on mining activity. He has been making claim that he’s not done anything illegal… I don’t see anything special in this. It’s natural course of investigation. I am sure Mr Reddy will come out clean after proving to authorities that he is innocent and he has not violated any rules.”



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