Court adjourns Srilakshmi bail plea till Apr 19

The CBI Special Court at Nampally today adjourned the hearing till April 19 on the bail petition filed by suspended IAS officer Y Srilakshmi, who was arrested in the illegal mining case of Obulapuram Mining Company (OMC), owned by former Karnataka BJP Minister Gali Janardhan Reddy. The CBI Court Judge B Naga Maruthi Sharma adjourned the bail petition as the CBI counsel sought time to file counter petition in this connection.

In her petition, Srilakshmi sought bail on the grounds that a charge sheet had already been filed against her and the court was in receipt of all records pertaining to the case. She also requested the court to consider her fragile health condition for granting bail. Earlier, the CBI court had granted bail to the IAS officer. However, it was cancelled by the High Court. Later she approached Supreme Court. However, she did not get any relief from the apex court as it asked her to file a petition again in the CBI court for bail. The court also adjourned the bail petition of IAS officer B P Acharya, the prime accused in APIIC-Emaar scam to April 19, following CBI’s appeal seeking more time to file counter petition. In his second bail petition, Mr Acharya said that as the Vice-Chairman and Managing Director of the APIIC, he took all the decisions bonafide in the interest of development, execution and expeditious completion of the integrated project. He said none of his decisions resulted in financial loss to the corporation and at any rate the decisions were taken not in view of any design or conspiracy as alleged by the CBI in the charge sheet.