Hyderabad:The CBI Special Court on Friday granted bail to suspended IAS officer B P Acharya who was arrested by the CBI in link with the Emaar Township scam.
While sanctioning the bail, Special Court Justice B Nagamaruthi Sarma observed that he was taking cognizance of the chargesheet only. With the CBI failing to secure sanction from the Central Government to prosecute Acharya, he could not extend his judicial remand further.
The judge granted bail to Acharya on the condition that he should furnish two personal bonds of Rs 25,000 each.
The court granted bail to Acharya after he along with Trimex Group Chairman Koneru Prasad was produced before the court through video linkage with the Chanchalguda Central Jail. However, the court extended the remand of Koneru Prasad till March 30.