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Updated: January 31, 2012 08:03 IST

Andhra Pradesh Home Secretary arrested

N. Rahul
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Andhra Pradesh Home Secretary B.P. Acharya at Dilkusha guest house, where the CBI questioned him before his arrest, in Hyderabad. Photo: K. Ramesh Babu
The Hindu Andhra Pradesh Home Secretary B.P. Acharya at Dilkusha guest house, where the CBI questioned him before his arrest, in Hyderabad. Photo: K. Ramesh Babu

Andhra Pradesh Home Secretary B.P. Acharya was arrested by the Central Bureau of Investigation here on Monday for his role in the fast-snowballing scandal of irregularities in allotment of high-priced plots for villas in the township project of Dubai-based real estate developer Emaar.

He is the fourth person arrested in the case after Trimex group chairman Koneru Prasad; Sunil Reddy, an aide of Kadapa MP Y.S. Jaganmohan Reddy; and G. Venkat Vijay Raghav, a top executive of Emaar MGF.

Mr. Acharya, a senior IAS officer, was vice-chairman and managing director of the public sector A.P. Industrial Infrastructure Corporation (APIIC) in 2005-10 when the alleged irregularities were committed. The APIIC is a joint venture partner in the project with Emaar Properties, with a 26 per cent stake.

Mr. Acharya's arrest was imminent as he was named the prime accused and charged with criminal conspiracy, cheating and corruption. He was remanded in police custody for interrogation till Wednesday, when the agency is expected to file its charge sheet.

Mr. Acharya, who was summoned by the CBI in the morning to face inquiry, was arrested around 3 p.m. and produced in the special court for CBI cases at Nampally. His wife, Ranjeev R. Acharya, also a senior IAS officer, was present in the court hall. In a brief interaction with the judge, he said he did nothing wrong as he had acted in good faith.

In its 13-page arrest report, the CBI charged Mr. Acharya with nearly 20 offences of cheating the APIIC. One said he allowed the developers to dispose of land on the 535-acre project site, violating the agreement. He did not take any action on lapses, pointed out by a committee appointed by him, till his transfer.

The case was registered in August last after the Andhra Pradesh High Court took up a complaint by Congress MLA P. Shankar Rao.

Huge loss

He alleged that the APIIC suffered a huge loss as the villas were sold for amounts ranging up to Rs.50,000 a sq. yard at Nanakramguda, near Hyderabad's information technology hub, whereas the price shown in the documents was only Rs.5,000 a sq. yard.

The excess money was pocketed by middlemen, including Mr. Prasad, Mr. Reddy and the other accused. The charge against Mr. Acharya is that he “knowingly and intentionally” did not object to Emaar showing the price of Rs.5,000 in the documents when the prevailing price was much higher.

The CBI said the accused collected nearly Rs.138 crore by selling the plots at inflated rates to customers, who include several top politicians, professionals, film actors and industrialists.

Real culprits are escaped and enjoying..whereas officilas are arrested.these people are either compelled or interested (for personal benefits) to do such activities.but one should find the root cause.

from:  arunasarma
Posted on: Feb 4, 2012 at 12:41 IST

Catching culprits is not sufficient, CBI has to prove the case and have to take appropriate steps to cancel the deal with emmar and seize the money from corrupt personals. Its a shames educational people are becoming more corrupt, no one wants to works towards the growth of our country...every educated and uneducated person is after money money money.. God save India.

from:  Asif Syed
Posted on: Feb 1, 2012 at 09:42 IST

Any currupt practice must be dealt with zero tolerence, may the responisble be the Chief Secretary or Chief Minister. Usually the IAS cadre servants are honest in the beginning. The politicians (elected servants) currupt them. This is my opinion.

from:  satyamurty prakki
Posted on: Feb 1, 2012 at 06:50 IST

Our press has failed utterly to expose the scams and looting of public property by our leaders. Best example is AP where one of the late CM's looted the state dry and press kept watching him to loot the state wealth to bone dry. In developed nations press exposes the politicians even for a small offence such as getting free tickets to sports events. Why the press is afraid to expose the wealth enmeshed by political families such as the one above and CM's of Southern, Northern and Western States. Press is even used to propagate narrow political ideals such as regionalism, castism etc. Until we have a strong press that exposes the corrupt and narrow minded leaders we will remain a developing nation.

from:  Kumar
Posted on: Feb 1, 2012 at 02:40 IST

This is the corruption mooted by Late CM Mr. Rajashekar Reddy and his son Mr. Jagan Mohan Reddy has all that wealth. Our late CM looted the status and made billions, others are punished for his sins including all IAS officers, Ramalinga Raju of Satyam etc. Congress party is afraid of bringing the charges against Mr. Jagan Mohan Reddy and making others as victims. I am sure late Mr. Reddy shared his loot with higher ups in his party.

from:  Brian
Posted on: Feb 1, 2012 at 02:21 IST

Why is it that in every corruption-related case, administrators,
politicians' aides, politicians' secretaries, politicians' accountants
are all arrested, but politicians seem to be innocent? Are our politicians so naive that they cannot sense that there is massive wrongdoing all around all them, 24x7? PS - the flats were sold to several industrialists and politicians, etc. Are those people going to be charged and arrested, even though they have some association with the Congress? Or will the CBI as usual see "too little evidence to file cases" or similar such excuses?

from:  Aritra Gupta
Posted on: Jan 31, 2012 at 16:43 IST

There must be continuous effort by the investigation authority to bring corrupt people on record and they are to be punished to ensure that there is good governace(with out corruption) atleast in future so that poverty in India can be eliminated to great extent.

from:  Madhu
Posted on: Jan 31, 2012 at 12:07 IST

I hope that this case will not get diluted by arresting the second & third rung people. The fear is that if congress makes a deal with Jagan Mohan Reddy, he will be let off. He is going around the city of Hyderabad with bus loads of supporters to show the government that if he is arrested, people will launch an agitation. One can see hoardings every where, put up by his supporters. all this is to intimidate the congress government at the state & central. Tax payers demand that he & his family be probed for disproportionate assets.

from:  kavya
Posted on: Jan 31, 2012 at 09:47 IST

The reason for his arrest is stated in the papers is that he did not
bring the irregularity to the notice of the concerned.In that case Man
Mohan Singh and Chidambaram are equally to be taken into custody as they
did not prevent the 2 G allottments even though they were aware of what
was going on.2G is more serious as the loss and plunder was placed by
CAG as against a chotta police officer in the case of the Andhra case.

from:  Appan Varma
Posted on: Jan 31, 2012 at 08:51 IST

This is only the tip of the iceberg. Many more must be involved.

from:  S N IYER
Posted on: Jan 31, 2012 at 08:30 IST

It is unfortunate that IAS cadre is doing a lot of dis-service to the nation insted of high quality performance, unlike erstwhile ICS. Can anyone remember the outstanding contribution of these people except a dozen pople in independent India? Alas, NIL. It appears that for a cozy house and small quantity of money, these cadres have given up their integrity to their unwise political masters and brought shame to the nation. To add to our woes, for the past 15 years, best brains in India are opting for Software jobs with MNCs leaving govt.jobs to the least efficient. Great reforms are necessary to improve this cadre which is the prime mover in national development.

from:  Vyas K Susarla
Posted on: Jan 31, 2012 at 06:36 IST

LAND SCAMS GALORE!!!! Now Andhra Next GOA Formerly & continuing is Karnataka. Delhi & chennai are not for behind. The land mafia of builders &developers in collusion with banks tempt the govt babus with filthy lucre blessed by the state ministers leaving the poor citizens at the mercy of these predators. Who is going to bell the culprit? We are asking the wolves to guard the sheep!!!

from:  chandrasekhara Ramanna
Posted on: Jan 31, 2012 at 06:26 IST

CBI(along with IT dept) should actually raid all the properties belonging to these
corrupt officials. There is no "Court Marshalled" such thingy with IAS/IPS officials. I
hope they introduce such a legislation to regulate these people.

from:  Naveen
Posted on: Jan 31, 2012 at 02:42 IST
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