The alleged irregularities in the Emaar deal reportedly resulted in a loss of Rs 4,130 crore to the state exchequer.
A CBI official said the agency has registered two cases against Jaganmohan and others on the allegation that those who invested in the companies owned and promoted by him did so as quid pro quo for the favours doled out by his father and then chief minister Y S Rajasekhara Reddy.
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OT: CBI cracks down on Jagan, searches 95 sites in 9 cities
The alleged irregularities in the Emaar deal reportedly resulted in a loss of Rs 4,130 crore to the state exchequer.
A CBI official said the agency has registered two cases against Jaganmohan and others on the allegation that those who invested in the companies owned and promoted by him did so as quid pro quo for the favours doled out by his father and then chief minister Y S Rajasekhara Reddy.
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