Charges filed in andhra Emaar scam

CBI on Wednesday filed its chargesheet against seven persons, including Andhra Pradesh home secretary and senior IAS officer B.P. Acharya, and five companies in the case relating to alleged irregularities in land transfer and sale of villas and apartments in an upscale township in Hyderabad.

The chargesheet was filed before the special CBI court in Hyderabad under the IPC sections relating to criminal conspiracy, cheating, criminal breach of trust among others and relevant sections of Prevention of Corruption Act.
Besides Acharya, the CBI has named executive officer, Tirumala Tirupati Devast-hanam(TTD) L.V. Subrahmanyam, who was the then vice-chairman and MD, APIIC, the then secretary (industries) K.V. Rao (now retired), private persons Koneru Rajendra Prasad, Srikant Joshi, Madhu Koneru and T. Ranga Rao. The companies booked by CBI included Dubai-based Emaar Properties PJSC, Hyderabad-based Emmar Hills Township Pvt Ltd, Emaar MGF Land Ltd, Stylish Homes Real Estates Pvt Ltd and Boulder Hills Leisure Pvt Ltd, CBI sources said.

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