Bangalore: The CBI has been probing the illegal mining case against former Karnataka minister and mining tycoon Janardhana Reddy for more than 8 years. It was revealed that Janardhana Reddy, his wife and companies have accumulated assets in Andhra, Telangana and Karnataka in excess of their income.
Subsequently, the CBI wrote to the Karnataka government last year seeking permission to confiscate them. Lacking a response, the CBI approached the Karnataka High Court.
On the 10th, the court heard the case and ordered the Karnataka government to grant permission to the CBI to seize properties worth Rs 64 crore in the name of Janardhana Reddy, his wife and companies. Subsequently, the CBI has obtained permission to seize Janardhana Reddy’s assets.
