The petitioner-Sri LV Subrahmanyam, Special Chief Secretary working under the State of Andhra Pradesh, is in the array of several accused as A-11 in the final report, which is outcome of the crime in R.C.No.18(A)/2011, CBI Hyderabad, registered and investigated based on the directions given on 10.08.2011, in the public interest litigation (W.P.No 29358 of 2010) filed by one Sri P. Shankar Rao against State of Andhra Pradesh and others for CBI enquiry, for the offences punishable under 120-B IPC and 13(2) read with 13(1)(d) and 15 of the Prevention of Corruption Act,1988, (for short, ‘the Act’), with allegations of huge extent of lands held by A.P. Industrial Infrastructure Corporation (APIIC) transferred to private parties and the State Government was put to loss and suspecting money laundering and in ordering CBI enquiry against M/s Emaar properties, Public Joint Stock Company (PJSC), Dubai, has involved in this public private partnership project, by relied upon some enquiry by the Vigilance Department of the State Government. (Undisputedly there is nothing in the vigilance report specifically against the petitioner-Sri LV Subrahmanyam).

2. The police final report is running about 320 pages against several accused and of which so far as petitioner concerned it speaks that:

1. He (Sri LV Subrahmanyam-for short LVS) was Vice Chairman and Managing Director (VC & MD), APIIC from September, 2003 to May, 2005. During said period the modalities and implementation structure of the integrated project were finalized by the Government of AP (GoAP) on the recommendations of APIIC,

2. LVS received the memorandum and articles of association in respect of the SPVs i.e., 1.M/s. EHTPL, 2.M/s. BHLPL and 3.M/s.CCCPL. However, LVS in furtherance of the criminal conspiracy did not ensure that the memorandum and articles of association of the JVCos were suitably amended in consonance with the recitals of collaboration agreement and share holders agreement.

3. The Senior Manager Projects APIIC had recommended that the price of the land to be conveyed to SPV on free hold basis by making an upward revision from Rs.29,00,000/- to Rs.40,00,000/- per acre in view of the developments taken place resulting in appreciation of the land cost. However, LVS in furtherance of the criminal conspiracy made a recommendation to the GoAP favourable to M/s. Emaar Properties, PJSC, Dubai (A.2) to the effect of not enhancing the cost of the land per acre but to retain the same at Rs.29,00,000/- assigning the reason that the project would suffer double jeopardy of the increased project cost and corresponding reduction in the Govt. equity, which may cast an additional debt burden on APIIC. LVS himself admittedly accepted the price of Rs.35,00,000/- per acre fixed by the price fixation committee of APIIC in respect of the land at Manikonda Jagir (where the integrated project is located) for the year 2004, which was valid till 31.03.2005, by making an endorsement to that effect in the file,

4. LVS in furtherance of the criminal conspiracy agreed to the request of the developer and recommended lease rentals as 2% of gross annual revenues in respect of 235 acres of lease land for development of golf course contrary to the approval given by GoAP for a lease rentals at 2% for the initial period of 33 years and 3% for the further period of 33 years, thereby divested APIIC of its legitimate share in the lease rentals for the remaining period of 33 years at 3%,

5. The convention centre and business hotel were also established on leased land of 15 acres at Izzatnagar as in the case of golf course. LVS in furtherance of the criminal conspiracy did not recommend enhancement of lease rentals from 2% to 3% after expiry of lease period of 33 years on par with the golf course,

6. LVS was privy to the fact that the villa plots were being sold by Sri Koneru Rajendra Prasad (A.6) and S