Overview

• On June 11, Justice K. Lakshman suspended the seven-year imprisonment and conviction handed down by a CBI special court on May 6.
• The court ordered Reddy to furnish a ₹10 lakh personal bond with two sureties and barred him from leaving the country.
• His disqualification from the Karnataka Assembly is stayed, allowing him to continue representing the Gangavathi constituency.
• The case, registered by the CBI in December 2009, accuses the Obulapuram Mining Company of illegally extracting iron ore beyond its lease, causing a loss of ₹884.13 crore.
• Co-accused BV Srinivasa Reddy, VD Rajagopal and Mehfuz Ali Khan also received bail under similar conditions as their criminal appeals move forward.