Thursday 2 February 2012

More babus, Dubai ruler’s aide chargesheeted in Emaar case - The Times of India

More IAS officers were rapped by the CBI in the Emaar scandal with the investigation agency filing its first chargesheet on Wednesday. Other than principal home secretary Bibhu Acharya, his 1983 IAS batch mate and present executive officer of Tirumala Tirupati Devasthanams L V Subramanyam was charged for defrauding the state and along with other accused causing losses of over Rs 500 crore.

IAS officer K V Rao (1976 batch) who took voluntary retirement a few years ago was also named in the chargesheet that was filed before the CBI special court. Others named include chairman of Emaar Properties (PJSC, Dubai) Pvt Ltd Mohammad Ali Alabbar of Dubai (who is also a senior aide of the ruler of Dubai), Emaar-MGF vice chairman Sushil Gupta of Delhi and the company's director Shrikant Joshi (who now works for Larsen & Toubro), Koneru Rajendra Prasad and Tummala Ranga Rao of Stylish Homes who catalysed the Emaar deal with the government of Andhra Pradesh.

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