Emaar township scam, Koneru Prasad in the Emaar-APIIC township project scam

The CBI Thursday arrested industrialist Koneru Prasad in the Emaar-APIIC township project scam:

The Central Bureau of Investigation Thursday arrested industrialist Koneru Prasad in the Emaar-APIIC township imagine scam.

CBI Joint Director V.V. Lakshminrayana imparted upon reporters Thursday night overly Prasad was arrested on charges of cheating and criminal conspiracy.

Prasad, who was arrested soon subsequent to he was questioned again by CBI officials, might be produced before a court Friday.

This was the first and foremost arrest made by CBI since registering the state of affairs against Dubai-based true estate strong Emaar and its Indian associates for cheating Andhra Pradesh Industrial Infrastructure Corporation (APIIC) in the township project.

The CBI official said Stylish Homes promoted by Prasad showed on paper the price of plots grown by Emaar MGF in the township as Rs.5,000 per square yard but purchased it for even greater price, thus cheating and affecting monumental losses to APIIC.

The CBI had registered the case on Aug 17 on the course of Andhra Pradesh High Court.

The court approved the orders on a petition filed by arrangement textiles minister Shankar Rao, who stated that Emaar brought minimal the equity of APIIC in the joint venture.

The district nodal agency, that allotted the prime yards for the presume at Gachibowli, had an equity of 26 per cent in the joint venture. 
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Pakistan cricketers Spot Fixing Scam, Spot fixing scam pakistan cricketers

Spot fixing scam Pakistan cricketers, Pakistan cricketers, agent jailed over fixing scam:

A British judge jailed disgraced former Pakistan cricket captain Salman Butt, two of his bowlers and their agent Thursday for their side in a Test match-fixing scandal that rocked the overseas game.

Butt, 27, looked aghast as he was sentenced to 30 months in prison at London's Southwark Crown Court, where he and fast bowler Mohammad Asif were at last found guilty on Tuesday of fixing characteristics of a Test match against England in August 2010.

Asif, 28, was jailed for a year, additonally 19-year-old bowler Mohammad Aamer, who had pleaded guilty to involvement in the scam to pre-arrange no-balls for shadowy South Asian betting rings, was sentenced to six months.

Corrupt British realtor Mazhar Majeed, 36, who had in addition pleaded guilty but had denied he had initiated the scam, was considering two decades and eight months. "These offences, regardless of pleas, are so drastic that just a sentence of imprisonment are able to suffice," Judge Jeremy Cooke informed the one men, inserting overly properties may every speak for portion this sentences and later be released on licence.

He assumed the 3 players were motivated by greed in spite of the large amounts of traffic they would earn legitimately, and claimed he hoped the resilient sentences will deter times ahead cricketers based on data from following this example.

The judge moreover condemned the effect this actions had on the game of cricket "the especially name of which spent to be associated with fair dealing". "It's the insidious impact of your actions on professional cricket... that engender the offences so serious," he informed the court.

Cooke declared everybody had regarded the three players as "heroes", but properties "procured the bowling of 3 no-balls for funds to the detriment of your national cricket team". "Now, whenever those look returning on a unexpected happening in a game or a unexpected result or whenever, in the future, there are surprising incidences or results, followers of the game who put up superb money... would be led to ask whether there has been a fix," he said.

"What was to be honest, sporting competition may not be these kinds of at all. In Pakistan, at which cricket is the countrywide sport, the typical follower of the countrywide team feels betrayed by your activities. You, Butt, Asif and Aamer undergo let decreased all your supporters and followers of the game."

The world of cricket has reacted with dismay to the worst fixing scandal since South Africa captain Hanse Cronje in 2000, but welcomed the convictions as a way of sending an crucial message overly cheats ought to not be tolerated.

The ICC has now banned Butt for 10 years surrounded by four suspended, Asif for seven ages among two suspended, and Aamer for four ages straight after finding them guilty of corruption in February. They are all attractive the bans.

The scam was uncovered by the now-defunct News of the World, the tabloid held by media mogul Rupert Murdoch and shut lessened in July within the duration of a scandal involving its journalists' role in the illegal hacking of voicemails.

At a hearing on Wednesday, lawyers for all the defendants had exchanged claims and counter-allegations in a bid to reduce this clients' sentences, that would experience seen them jailed for a maximum of seven years.

Majeed said that the extent of the corruption in the Pakistan bunch went beyond the contemporary case.

The agent's lawyer argued he had paid out 65,000 pounds to Asif, 10,000 pounds to Butt and 2,500 pounds to Aamer, explaining the the large amount was brought in to Asif to ensure he did not switch to another fixing racket.

Lawyers for Butt and Asif had dismissed the claims approximately the cash.

In a statement saw to the court, Aamer claimed he had feared for his times ahead in the national part if he did not get involved, but said: "I desire to apologise to Pakistan and to everyone the current cricket is central to. I do know how still damage this has done to the game, the game which I love as well, a good amount of than anything else in the world."

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Kanimozhi bail plea news:Court dismisses bail plea of kannimozhi and other 7 members in 2G spectrum case

Court dismisses bail plea of Kanimozhi, 7 others in 2G spectrum case:
A special court has dismissed the bail plea of DMK MP, Ms Kanimozhi, and seven others accused in the 2G spectrum case.
The seven others are Mr Shahid Balwa, Mr R.K. Chandolia, Mr Siddhartha Behura, Mr Sharad Kumar, Mr Asif Balwa, Mr Rajiv Agarwal and Mr Karim Morani.
The CBI had opposed the bail plea of Mr Shahid Balwa, Mr Chandolia and Mr Behura. But it had not opposed the bail plea of Ms Kanimozhi and four others.
PTI adds:
The court will begin 2G case trial from November 11.
It said that by no stretch of imagination, Ms Kanimozhi can be said to be suffering from any discrimination on ground of being a woman.
The court also said that the charges levelled against the accused are very serious in nature, having grave implications for the economy.
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