India
Escaping the arrest for the last three days made Reddy avoid another embarrassing situation as police would have sent him to jail for at least three to five days following the set of holidays due to Diwali.
Bengaluru: Post the City Crime Branch (CCB) notice against Janardhan Reddy following a revelation about his alleged role in trying to sabotage an Enforcement Directorate (ED) case against Ambidant Marketing involved in Ponzi scheme, the mining baron is likely to appear before CCB to record his statement
Recently, Janardhan Reddy to appear before CCB along with lawyer?
Following this development, Reddy was on the run. However, CCB police launched a massive hunt and even searched his house in Bengaluru and Ballari. A team was also sent to Hyderabad, but Reddy managed to remain untraceable. Meanwhile, his lawyers moved the court for bail, which is adjourned to Monday.
Escaping the arrest for the last three days made Reddy avoid another embarrassing situation as police would have sent him to jail for at least three to five days following the set of holidays due to Diwali.
"Today being a Saturday and working day, there is information that Reddy will be appearing before CCB by 3 PM. There is a possibility to continue this delay tactic for another day as police will be forced to produce him before the court by Monday and he can obtain bail on the same day," said a source from CCB.
Meanwhile, the police seized documents from Reddy's house and office and from Ambidant owner, which are being circulated among senior CCB officers, who are likely to pose these questions before Reddy for an explanation on his alleged role.
Last week, CCB police arrested two persons, Farid, Ambidant firm owner and Ramesh a jeweller for contacting Reddy to help quash the ED case against Farid.
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