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Raids In Raheja IT Park

Vigilance department conducted raids in Raheja IT park in connection to APIIC-Emaar land scam.
Hyderabad | 3rd November 2010
Vigilance Department officials on Tuesday conducted a raid in Raheja IT park, Madhapur.

According to sources, the raids were conducted in connection with the issue of the irregularities in the allotment of lands between Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and Emaar Properties.

According to information, the raids yielded a few important documents and records.

The sleuths conducted raids in the wake of allegations of irregularities in the allotments of lands through APPIIC-Emaar Properties, which caused losses to the tune of Rs. 10,000 crore to the government.

According to sources, the documents seized on Tuesday are expected to throw light on the the details of the dubious land deals.

However, the officials are yet to officially disclose the details of raid to media.

Courtesy: INN
filed in:  APIIC, Emaar Properties
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