Wednesday, May 16, 2012

CBI arrests Matrix Prasad in Jagan's assets case

In the case of Jagan;s disproporionate assets case the CBI has arrested Nimmagadda Prasad and IRS officer Brahmananda Reddy last night. Mr. Nimmagadda Prasad is a major investor in Jagan Group of companies and CBI is claiming that in the quid pro quo arrangement the Nimmagadda has invested in that big way.
popularly known as 'Matrix' Prasad because of his relation with pharmaceuticles questioned by CBI on several times regarding his Vanpic Project.
Latest: The CBI has produced Matrix Prasad and Brahmanandareddy in CBI court and the judge has remanded them till 30th of this month. later they have been sent to Chanchalaguda central jail.

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