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'If Koneru is entitled to bail, so am I'

Published: 01st September 2012 09:12 AM  |   Last Updated: 01st September 2012 09:36 AM   |  A+A-

Suspended IAS officer BP Acharya has said his bail petition can be considered as industrialist Koneru Rajendra Prasad, whom the CBI accused of being the mastermind behind the Emaar township scam, was enlarged on bail by the court.

 Arguing Acharya’s bail petition before the special court for CBI cases on Friday, suspended IAS officer’s counsel V Surender Rao said Rajendra Prasad, the accused no 6 in the case, had been shown as the mastermind of the Emaar scam.

 The High Court, which enlarged him on bail, said that the investigation into the end use of money by the CBI should not have any bearing on granting bail to the petitioner.

 Bail can be granted to Acharya too on the same grounds, the defence counsel argued.

 Further, he said, the sanction for prosecution of Acharya had not been given by the government and no one was sure when it would come.

 In the fresh bail petition, Acharya’s counsel contended that by the time the IAS officer took charge as the managing director of the AP Industrial Infrastructure Corporation, key decisions with regard to the Emaar township had already been taken.

 The court posted the matter for September 4 to hear the arguments of the prosecution.

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