Emaar case: CBI opposes plea of accused Koneru
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Andhra Pradesh

Emaar case: CBI opposes plea of accused Koneru

Last Updated: Wednesday, November 23, 2011, 23:06
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Hyderabad: The CBI on Wednesday opposed the special class prisoner status petition moved by Trimex Group chairman Koneru Rajendra Prasad, arrested in connection with the alleged irregularities in the APIIC-Emaar Properties land deal.

Prasad, who is also the promoter of Stylish Homes Real Estate Pvt Ltd and currently under judicial custody till December 2, had yesterday moved a petition before the special court for CBI cases seeking special class prisoner status on grounds that he is an NRI and an industrialist for the past 30 years and doing business from Dubai.

Lodged in Chanchlguda jail here as an ordinary inmate, Prasad through his counsel submitted in the court that he was suffering from serious health problems and sought better facilities.

"My client enjoys a social status and is leading a superior mode of life and satisfies the criteria under the Prison Rules," Prasad's counsel B Ashokvardhan Reddy said.

However, CBI deputy legal adviser B Ravindranath and senior public prosecutor T V Ramana opposed the petition on the ground that Prasad had education qualification only till Intermediate.

"The accused (Prasad) has no right to claim for special prisoner status as it is through illegal activities that he earned the money," the CBI counsels said.

Prasad was not entitled to special prisoner class status as he did rest fulfil the required criteria, they said.

"The petitioner (Prasad) did not enjoy social status as (anti-corruption crusader) Anna Hazare," the counsels submitted.

After hearing the arguments, the court posted the matter for order to November 25.

Stylish Homes Real Estate Pvt Ltd, one of the marketing agents for Emaar, is accused of underreporting rates of the plots and villas, built in Gachibowli here, than the actual selling price.

PTI

First Published: Wednesday, November 23, 2011, 23:06

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