HYDERABAD: The CBI is likely to file a supplementary chargesheet in the Emaar scam on Monday.
According to sources, the additional chargesheet would focus the role of the other accused who were not included in its first chargesheet filed earlier in the special CBI court.
The role of N Sunil Reddy, a close associate of Kadapa MP Y S Jagan Mohan Reddy and GH Vijaya Raghav, the financial head-south of Emaar MGF are likely to be included in the additional chargesheet. The additional chargesheet is also likely to include the firm, South End projects.
Both Sunil Reddy and Vijay Raghav were arrested by the CBI and they are presently lodged in prison.
Sunil Reddy was arrested on January 24 and he would be completing the 90-day judicial remand period on Monday. The CBI wants to file a chargesheet against Sunil Reddy and others before the 90-day period ends so that they would not be granted bail by the court, sources said.
The CBI made its intention clear during the trial in the high court recently and Sunil Reddy even withdrew his bail petition filed by him earlier. Sunil Reddy's counsel told the High Court that he would file a fresh bail petition after the CBI files a supplementary chargesheet.
The CBI is of the view that crores of money received from the sale of Emaar villas was invested in Sunil Reddy's South End projects.
It is also learnt that the CBI would now focus its investigation on the role of other accused in the case. This include Mohammed Ali Alabbad, chairman of Emaar Properties, Dubai and businessman Koneru Madhu. The special court for CBI cases had earlier issued notices to the duo.