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CBI questions Chiranjeevi's son in Emaar case

Last Updated 16 September 2011, 02:07 IST

The villas and plots in 'Emaar Hills' township project in Gachibowli here were allegedly purchased by several people from the film industry, family members of politicians and businessmen. The CBI last week issued notices to over 80 persons in this regard.
Ramcharan Tej -- one of the villa owners -- was quizzed for about one hour, CBI officials said.

The agency is collecting information about buyers' transactions with Emaar Hill Township Pvt Ltd (EHTPL), a joint venture of APIIC and Emaar Group.

Andhra Pradesh Industrial Infrastructure Corporation (APIIC), in 2006, allotted 258 acres of land at Gachibowli to Emaar to develop an integrated township and a golf course.

CBI, on August 17, registered a case against B P Acharya, senior IAS officer and former Chairman and Managing Director of APIIC, and Emaar Group on the direction of the High Court, for cheating, criminal conspiracy and offences under Prevention of Corruption Act.
The agency said Acharya, currently Principal Secretary (Home), entered into a criminal conspiracy with officials of Emaar Group and unknown public servants to cheat APIIC.
One of the allegations is that Emaar sold plots at below the market rate prices, without the knowledge of APIIC, causing loss to it.

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(Published 16 September 2011, 02:07 IST)

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