10/05/2012 - Myclipp

Business Line/ - Markets, Qua, 16 de Maio de 2012
CLIPPING INTERNACIONAL (Supreme Court)
CBI raids at Yeddyurappa, kin’s
residences
The Central Bureau of Investigation (CBI) today raided
residences of the former Karnataka Chief Minister Mr B
S Yeddyurappa, his sons and son-in law along with the
offices of JSW Steel and South West Mining Company
Limited in Toranagallu in Bellary district.The CBI had
registered a case against Mr Yeddyurappa on Tuesday
in line with the May 11 Supreme Court directive.The
central agency officials after registering a First
Information report (FIR) conducted the raids at eight
premises belonging to Mr Yeddyurappa, his sons Mr B
Y Raghavendra, a Member of Parliament and Mr B Y
Vijayendra as well as son-in-law Mr Sohan Kumar in
Bangalore and Shimoga district.JSW SteelThe CBI
also raided the offices of JSW Steel and South West
Mining Company Limited in Bellary.The company in a
release said, "it has not done any illegal activity nor
connected with any wrong doing. It has full faith in the
judicial process and its books are open and it will fully
co-operate with the investigating agencies. JSW group
follows highest standards of corporate governance.
JSW Steel is in fact the victim of alleged illegal
mining."Mr Yeddyurappa has been accused of granting
undue favours JSW Steel and South West Mining
Company in lieu of donations made by them to a
charitable trust run by his family.The CBI officers
began searches at Mr Yeddyurappa?s residences in
Dollars Colony and Race Course Road in Bangalore
and a company owned by one of his sons.
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