The High Court today directed that no action be taken for another three weeks in the cases registered by the CID against the former chief minister, Telugu Desam Party chief Nara Chandrababu Naidu and former minister Narayana. The trial of the CID has been adjourned till the 20th of this month. The High Court directed that the CID counter-file be filed on the 20th of this month. The High Court ordered that no action be taken against them for three weeks from then. The tribunal adjourned the case to May 20.
Despite having said that no insider trading has taken place
It is learned that CID has registered cases against former Chief Minister Chandrababu Naidu and then Municipal Minister Narayana in connection with the assigned lands in Amaravati. The CID has registered cases even though the High Court has already ruled that insider trading did not take place in Amravati capital lands. Chandrababu and Narayana registered a case against us as if we had evidence. The AP High Court recently directed the CID officials not to take any further action in the case for another three weeks.