Three more in Emaar chargesheet

HYDERABAD: The CBI on Wednesday included N Sunil Reddy, a close aide of Kadapa MP YS Jaganmohan Reddy, as accused number 7 in the supplementary charge sheet filed in the Emaar Properties-APIIC scam case. It also included G Vijay Raghav, head of the finance wing (south) of Emaar-MGF, as accused number 8 and Sravan Gupta, former chief executive officer of Emaar-MGF, as accused number 15, and sought issuance of arrest warrant against Sravan Gupta.According to the investigating agency, Sunil Reddy collected Rs 96 crore from Tummala Ranga Rao, director of Stylish Homes Pvt Ltd, as per Koneru Prasad’s instructions.He diverted the money to South End Co and other 11 bogus companies.“All the accused collected Rs 167 crore from villa buyers in excess of the documented price of `5,000 a sq yard, thus causing a loss of `43 crore to the APIIC,’’ the CBI said in the charge sheet.As for Vijay Raghav, it said he deleted valuable information from his laptop.