HYDERABAD: Former APIIC chairman and managing director B P Acharya on Friday succeeded in winning bail from the special CBI court in the Emaar scam case, leaving the CBI red-faced. The senior IAS officer was duly released from Chanchalguda prison after a stay of nearly two months. CBI personnel scurried to have the bail kept in abeyance while they approach the High Court but the CBI court struck down their plea.The lower court granted bail to Acharya after CBI failed to get the government's sanction for his prosecution and his counsel had been arguing that there was no need to keep him in judicial remand in such a situation.Enlarging Acharya on bail, special CBI court judge B Nagamaruti Sharma said, ``The chargesheet against Acharya cannot be taken into cognizance because of the lack of sanction of prosecution.'' Acharya was asked to produce two sureties of Rs 25,000 each, deposit his passport, not to leave the city without informing the court and to come to court at 10.30 am, March 30.Acharya's wife Ranjeev Acharya, an IAS officer herself, looked relieved as she hurried to get the formalities completed for her husband's release. Looking weary as he emerged from the Chanchalguda prison, Acharya spoke little to reporters outside, "Satyameva Jayathe." Acharya's bail gives a reprieve of sorts to another IAS officer caught up in the Emaar scam case, L V Subramanyam, whose name figures in the chargesheet but no sanction to prosecute him has been given by the competent authority.With Acharya and Subramanyam's names not being taken into cognizance in the chargesheet, they can be prosecuted only after the CBI gets sanction for their prosecution from the central government.
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