APIIC-Emaar land deal case: Court dismisses IAS officer's plea

HYDERABAD: A special CBI court here today dismissed the plea of senior IAS officer and Tirumala Tirupati Devasthanam's Executive Officer LV Subrahmanyam, an accused in the APIIC-Emaar land deal case, to quash the case against him.

The court dismissed Subrahmanyam's petition after CBI contended that a court having taken cognisance of his role in the scam under the provisions of IPC, cannot review its own decision.

Subrahmanyam, in his plea had earlier submitted that the Andhra Pradesh government had rejected permission for his prosecution (under the Prevention of Corruption Act) and sought for stalling CBI's move to prosecute him under the provisions of IPC in the Emaar Properties scandal.

The special CBI court while taking cognisance of Subrahmanyam's role in the scam under the provisions of IPC had earlier summoned him to appear before it on June 18 alongwith suspended IAS officer B P Acharya, the prime accused in the case.

The CBI had on February 1 filed a chargesheet against 12 persons, including Acharya in the Emaar scam case, who is presently under judicial remand in Chanchalguda jail here.

He was vice-chairman and managing director of the Andhra Pradesh Industrial Infrastructure Corporation ( APIIC) in 2005-10 when the alleged irregularities were committed.

Subrahmanyam was vice-chairman and managing director of APIIC when the project was conceived during Telugu Desam rule.

The developers of Emaar integrated township project at Gachibowli here are accused of undervaluing the lands which were sold at higher prices to individual buyers causing huge loss to the state exchequer.