Judgment reserved on Jagan bail

New Delhi, May 6: Arguments on the bail petition of the YSR Congress chief Y S Jaganmohan Reddy concluded in the Supreme Court on Monday.

The court which the heard the arguments of the CBI's counsel Ashok Bhan who said Jagan should not be given bail as the investigation was in a key stage and Jagan's lawyers Harish Salve and Mukul Rohatgi who charged the CBI of overstepping his authority, reserved the judgment.

The supreme court judge asked the CBI to state why extension of Jagan's custody was necessary.
Jagan's lawyers  had pointed that the CBI putting forth contradictory arguments in the high court and the Supreme Court. Stating that being a MP and the president of a political party Jagan would not run away, Jagan's counsel asked for at least interim bail.

Senior lawyers Harish Salve and Mukul Rohatgi who argued Jagan's case, pointed that the CBI told the high court that Jagan's custody was needed on seven issues and in the Supreme Court that no custody was needed. They asked why Jagan was kept in jail for nearly one year.

Arguing the case on behalf of the CBI, Ashok Bhan said that conclusion of Jagan's case would take four to six months more. The lawyer said that presently investigation was on, on the investments into Jagan's companies from abroad and bail should not be issued at this juncture. The lawyer also said that CBI sleuths sought information from 6 countries about the investments and were even visiting these countries to know the facts.

Jagan's lawyers pointed out that as a party chief he has to prepare his party for elections and pleaded that at least interim bail should be given to him.