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Rediff News  All News  » News » Mining scam: Reddy, 4 others' custody extended to June 18

Mining scam: Reddy, 4 others' custody extended to June 18

June 05, 2012 16:32 IST

A Central Bureau of Investigation court on Tuesday extended till June 18, judicial custody of former minister and mining baron G Janardhana Reddy and four others arrested in connection with an illegal mining case involving his firm that allegedly caused a loss of Rs 480 crore to the state exchequer.

CBI court judge B M Angadi extended the judicial custody of Reddy, owner of Associated Mining Corporation, his personal assistant Mehfuz Ali Khan and three others after the CBI filed an application seeking extension of custody.

All the five were produced in court through video conferencing. On May 30,the CBI court had dismissed their bail petitions on the ground that they had committed an economic offence of "high magnitude effecting the very economy of the country".

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