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CBI files counter against Raghav’s plea

Published: 10th July 2012 12:18 PM  |   Last Updated: 10th July 2012 12:18 PM   |  A+A-

The CBI has opposed the bail petition filed by Emaar MGF Limited finance head (South)  G V Vijaya Raghav, an accused in the Emaar scam.

The CBI, in its counter filed against Vijaya Raghav’s bail plea, said the past history of the accused shows that the he could tamper with documentary evidence and there is high probability of the accused, in collusion with Sravan Gupta (another accused in the case), influencing the witnesses.

The CBI said the oral statements of Emaar villa plot buyers and the documentary evidence retrieved from the laptop of the accused by the Central Forensic Scientific Laboratory shows that Vijaya Raghav collected excess amounts in cash over the documented price of Rs 5,000 per square yard.

The CBI said Vijaya Raghav tampered with records pertaining to the sale of villa plots when the Vigilance and Enforcement department started inquiring into the matter and further investigation is needed into the case to ascertain the end use of the excess money collected from buyers. “The employer of the accused, Sravan Gupta, is absconding and there is every likelihood of (the two persosns) influencing the witnesses,” the agency said opposing the bail plea.

The Special Court for CBI cases posted the next hearing to July 13.

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