FIR filed against officials in Rahejas case

HYDERABAD: IAS officers K Ratna Prabha and B P Acharya are among six persons against whom the Anti-Corruption Bureau (ACB) registered cases for allegedly taking decisions against the interests

Published: 23rd February 2011 03:47 AM  |   Last Updated: 16th May 2012 08:03 PM   |  A+A-

HYDERABAD: IAS officers K Ratna Prabha and B P Acharya are among six persons against whom the Anti-Corruption Bureau (ACB) registered cases for allegedly taking decisions against the interests of the AP Industrial Infrastructure Corporation (APIIC) and in favour of Raheja Corporation in Raheja Mindspace, a joint venture between the two corporations.

The ACB court had on Saturday ordered the director-general of the corruption watchdog to file a first information report (FIR) and submit a report to it by March 31. Acting swiftly, ACB officials gathered the relevant records pertaining to the case today.

Cases under Sections 11, 12 and 13 (1) (d) of the Prevention of Corruption Act (PCA) and Sections 409 and 420 of IPC were registered against principal secretary (information technology and communication) Ratna Prabha, APIIC former managing director B P Acharya, information technology special secretary Gopi Krishna, joint secretary (IT&C) P S Murthy, K Raheja Corporation managing director Neil Raheja and Raheja Mindspace CEO Rabindranath.

Soon after the cases were registered, three teams of ACB visited Secretariat and the offices of APIIC and Raheja Mindspace and gathered relevant records.

“We will continue to gather more documents tomorrow,’’ an ACB source said. The court’s fiat came in response to a petition filed by an advocate Sriranga Rao, who alleged that the officials’ decisions caused a loss of `500 crore to the state exchequer by lowering APIIC’s stake in Raheja Mindspace, an IT park joint venture.

The petitioner further alleged that the officials decided to reduce APIIC’s stake from 11 per cent to 0.006 per cent in the joint venture.

He contended that the approval of the cabinet was not taken though it was mandatory.

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