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5d ago

ACB Court Grants Interim Bail to YSRCP MP Mithun Reddy to Vote in Vice-Presidential Poll

The order comes in a case alleging a ₹3,500 crore kickback network tied to changes in the 2019 excise policy.

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A special court for Anti-Corruption Bureau cases in Vijayawada on Saturday granted interim bail to YSR Congress Party parliamentarian PV Mithun Reddy. (HT PHOTO)
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Overview

  • PV Mithun Reddy was released from Rajahmundry Central Prison after the Vijayawada ACB court permitted five days’ interim bail for the September 9 vote.
  • He must deposit ₹50,000 with two guarantors and surrender back to jail by 5 p.m. on September 11, according to the court’s conditions.
  • Reddy was arrested by the Special Investigation Team on July 19, is listed as Accused No. 4, and is alleged to have received kickbacks routed through shell companies.
  • The court also granted bail to K. Dhanunjaya Reddy, P. Krishna Mohan Reddy, and Balaji Govindappa with two sureties of ₹1 lakh each and directions to surrender their passports.
  • The three walked out of jail on Sunday morning, and YSRCP leaders alleged officials delayed their release pending a High Court move; the SIT has reported about 12 arrests in the probe so far.