Why didn't Sunil Reddy figure in CBI charge sheet?

The absence of the name of Narreddi Sunil Reddy, relative and close follower of Y S Jaganmohan Reddy, in the charge sheet filed by the Central Bureau of Investigation (CBI) in the multi-crore Emaar Properties case, came as a surprise to the media persons.

In fact, the CBI created a lot of hungama in the arrest of Sunil Reddy last week and created an impression that he was the key person in the entire scam. In its custody petition filed before the special court, the CBI projected as if most of the scam money had gone into the pocket of Sunil Reddy, who had in turn routed the money into an “ultimate beneficiary” (suspected as YSR Congress party president Y S Jaganmohan Reddy).

However, the missing of such an important link in the charge sheet in to the Emaar scam has baffled many. What is more interesting is that the CBI mentioned in the charge sheet that the scam money had gone into the accounts of Koneru Madhu, son of Koneru Rajendra Prasad, the kingpin in the scam. Obviously, the CBI did not get any documentary evidence to prove the role of Sunil Reddy in the scam, except the deposition of T Ranga Rao, director of Stylish Homes which had marketed villa plots in the Emaar township. Hence, Sunil Reddy is left out of the charge sheet.

If Sunil Reddy’s name is included in the charge sheet, the CBI will have to prove the charges. The agency now has no other option but to look for some concrete evidence against him; otherwise, Sunil will have to be out on the bail.