Reddy appears before police for probe in ponzi scam case
Team Udayavani, Nov 10, 2018, 4:13 PM IST
Bengaluru: After remaining elusive for three days, former Karnataka minister and mining baron G Janardhana Reddy Saturday appeared before the police here in connection with an alleged ponzi scam, and denied the allegations as a “political conspiracy”.
Reddy, who the police said had been absconding, came in a car to the Central Crime Branch office, along with his advocates, after releasing a video message from an unknown location, saying he would appear before it.
After arriving at the office, Reddy claimed that there was a “political conspiracy” and added that he had faith in the police. In his video message, he said he was not absconding and was very much in the city, while asserting that there was no need for him to flee.
“I have not committed anything wrong. The police do not have a single document to prove that I am wrong. They are misleading the media,” he claimed in his message telecast by TV channels.
Reddy, who was a minister in the erstwhile Bharatiya Janata Party (BJP) government in Karnataka, said he never panicked as neither his name figured in the first information report (FIR) nor was any notice served on him.
“Now that the notice has been issued by the police, I have decided to appear before the Central Crime Branch today itself though the notice says I should appear on Sunday,” Reddy said. “I decided to make this video to let people know the truth. I have faith in the police and believe that they would not succumb to any political pressure,” he added.
The CCB police had launched a hunt for him since Wednesday in connection with a money transaction worth crores of rupees, allegedly linked to a ponzi scheme.
The CCB was also on the lookout for Reddy’s close aide, Ali Khan, who had allegedly struck a Rs 20-crore deal with Syed Ahmed Fareed of Ambidant Marketing Pvt Ltd. — a company accused of involvement in the ponzi scheme — to bail him out from the Enforcement Directorate investigation.
Bengaluru Police Commissioner T Suneel Kumar had said on Wednesday that Reddy was absconding and the police were looking for him to question him in the case.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Lone tusker spotted on NH-166 near Karkala, disrupts traffic
Lokayukta police summon Karnataka CM Siddaramaiah for questioning in MUDA case on Wednesday
Man dies after sitting on bursting firecracker box in Bengaluru on Deepavali
Clean-up Drive Conducted at Chitrapura Beach
Bantwal: Theft at ancient Sri Devaki Krishna Ravalnath Temple; Goods worth lakhs stolen
MUST WATCH
Latest Additions
Balasore tragedy result of composite negligence of railway officials: Orissa High Court
Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN
Three convicted for 2016 Kollam collectorate blast case
Expect Canadian government to ensure justice, uphold rule of law: PM Modi
Group clash in Indore after argument over bursting firecrackers: NSA slapped against 2 accused
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.