TTD EO appears in court in Emaar Case

Complying with the summons issued by the Principal Special CBI Court at Nampally on June 2, Senior IAS officer and Tirumala Tirupati Devasthanams (TTD) Executive Officer L V Subrahmanyam today appeared before the court in Emaar Properties Case here today.

Mr Subrahamanyam was cited as the 11th accused in the chargesheet filed by the CBI in the court earlier in the case. Judge A Pullaiah directed him to submit a personal bond of Rs 25,000 and adjourned the further hearing in the case to July 9. The CBI had earlier sought the state government’s permission to prosecute him as he was the Vice-Chairman and Managing Director of Andhra Pradesh Industrial Infrastructure Corporation (APIIC) at the time when the scam occurred. The Government, however, declined permission to the investigating agency stating there was no need to prosecute him under the Prevention of Corruption Act. The Congress Government had given its nod to prosecute anotherIAS officer B P Acharya in the case who was presently lodged in Chanchalguda Jail here. The CBI Court also issued Prisoner Transit (PT) Warrant against Mr Acharya to be present in the court today. The CBI Court later permitted the CBI to prosecute Mr Subrahmanyam on the charges it made out under IPC and CRPC which do not require government’s permission.

The Investigating agency was proceeding with these charges against him.

The case related to alleged irregularities in transfer of land and sale of villas and apartments in a township jointly developed by Emaar MGF and APIIC when he was the Chairman. Mr Subramanyam, who has taken over the charge as the 22nd Executive Officer of world famous temple of Sri Venkateswara, has successfully completed his one year term as TTD EO today.