Jagan sent to jail for 14 days

A special court today remanded YSR Congress Party leader YS Jaganmohan Reddy to judicial custody for 14 days in a disproportionate assets case.

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The CBI court sent the Lok Sabha member to judicial custody till June 11. The court dismissed his bail petition.

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The court also dismissed CBI's petition seeking 14-day judicial custody of the accused.

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Judge A Pullaiah, who heard arguments from both sides in the morning, pronounced his order around 4.30 pm.

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Jagan, one of the richest MPs in the country with declared assets of Rs 356 crore last year, will be shifted to the Chanchalguda Central Jail amid tight security.

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The agency arrested the 40-year-old on Sunday night after three days of questioning.

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The son of late chief minister YS Rajasekhara Reddy is accused of corruption, cheating, criminal conspiracy, criminal breach of trust and falsification of accounts.

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The CBI alleged that Jagan amassed huge wealth after his father became chief minister in 2004.u00a0

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He allegedly conspired with his father to dole out favours to companies which made massive investments into his businesses.

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