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Koneru Prasad Gets Interim Bail

The CBI Special Court granted him interim bail from 17 to 22 November, allowing him to perform the Ayyappa Deeksha.
Hyderabad | 15th November 2011
The CBI Special Court at Nampally on Tuesday granted interim bail to Stylish Homes Managing Director Koneru Prasad, who was arrested in connection with the APIIC-Emaar land scam.

The court granted him interim bail from 17 to 22 November, allowing him to perform the Ayyappa Deeksha.

Earlier, the Central Bureau Of Investigation had filed a petition stating that it has no objection towards a grant of interim bail to Koneru Prasad by the court.

While sanctioning the bail, the court asked Koneru Prasad to surrender his passport to the police officials.

The court also directed the CBI to depute a special escort team during his trip to the Ayyappa temple in Kerala.

The court asked Koneru Prasad to surrender before the court after the Deeksha, on 22 Nov, at 2pm. (INN)
filed in:  APIIC, Emaar Properties, Koneru Prasad, CBI
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