HomeNewsTrendsCurrent AffairsCBI court extends judicial custody of Reddy to Jun 18

CBI court extends judicial custody of Reddy to Jun 18

CBI court extends judicial custody of Reddy,4 others to Jun 18

June 05, 2012 / 16:42 IST

A CBI court today extended till June 18, judicial custody of former Minister and mining baron G Janardhana Reddy and four others arrested in connection with an illegal mining case involving his firm that allegedly caused a loss of Rs 480 crore to the state exchequer.


CBI court judge B M Angadi extended the judicial custody of Reddy, owner of Associated Mining Corporation, his personal assistant Mehfuz Ali Khan and three others after the CBI filed an application seeking extension of custody.


All the five were produced in court through video conferencing. On May 30,the CBI court had dismissed their bail petitions on the ground that they had committed an economic offence of "high magnitude effecting the very economy of the country".

first published: Jun 5, 2012 04:36 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347