Jailed IAS officer Sri Lakshmi has turned businesswoman, investing her ill-gotten income in private power projects in the neighboring Kerala and Karnataka states, suspects CBI.

CBI which has earlier interrogated some of Sri Lakshmi’s relatives to know about her financial dealings, could not get any useful information. This part of the investigation was kept on hold then. Now it is learnt that Ali Khan, Personal Assistant of OMC main accused Gali Janardhana Reddy has given some vital information on the investments made by Sharmila in power projects of the two states. Now CBI started investigating in this angle and if it finds some proof, the case would take a major turn.