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APIIC-Emaar case: Koneru allowed treatment

HYDERABAD: A local court here today allowed Koneru Prasad, who was arrested by the CBI in connection with the APIIC-Emaar township project case, to undergo tests and treatment at Nizam Institu

Published: 24th January 2012 07:12 PM  |   Last Updated: 16th May 2012 06:21 PM   |  A+A-

HYDERABAD: A local court here today allowed Koneru Prasad, who was arrested by the CBI in connection with the APIIC-Emaar township project case, to undergo tests and treatment at Nizam Institute of Medical Sciences (NIMS) here.

Allowing a petition filed by the accused, Judge Nagamaruti Sarma directed the authorities of Chanchalguda prison, where Koneru is lodged, to allow him to have medical facilities at NIMS.

CBI counsel Ravindranath said, Koneru will be examined by the NIMS doctors, based on whose opinion, he may further undergo treatment there.

Koneru, in his petition, requested the court for treatment in a super-specialty hospital. However, opposing the petition, the CBI said they have no objection if the accused go for treatment at NIMS.

The CBI also said the discharge summaries of Koneru issued by Apollo Hospitals in 1997 and Star Hospitals in 2010 and that they do not reveal his present condition.

Koneru's counsel said that his client was under tremendous mental stress and that this had sparked his neurological disorder, spondylitis and numbness in the shoulder.

Koneru was arrested on November 3 by the CBI following allegations that he received Rs 138 crore from the buyers for the plots developed by Emaar MGF in the controversial township project at Gachibowli here, after grossly undervaluing the market price, which caused a huge loss to the company.

Andhra Pradesh Industrial Infrastructure Corporation (APIIC) holds equity in the project. Koneru, chairman of Trimex group and promoter of Stylish Homes Real Estate Private Limited, was said to have been instrumental in finalising a deal between APIIC and Emaar.



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