CBI gets nod to prosecute IAS in Emaar scam

emaar-784474The central Bureau of Investigation finally gets a nod from center to prosecute two senior IAS Officers from Andhra Pradesh and Telangana in the Emaar scam case.

IAS Officers BP Acharya (Telangana) and L V Subrahmanyam (Andhra Pradesh) to be prosecuted by the CBI under the Prevention of Corruption Act . Both of them held positions as Vice Chairman and Managing Director of Andhra Pradesh Industrial Infrastructure Corporation from 2005 to 2010.

Both of them facing allegations for giving undue benefits to private players in the land deal ,leading to huge loss to the state exchequer.