HC grants bail to Koneru Prasad

HC grants bail to Koneru Prasad
The Hyderabad High Court on Thursday granted bail to industrialist Koneru Rajendra Prasad, an accused in the APIIC-Emaar township project case. He is also the chairman of the Trimex group and also known as Koneru Prasad..
The court asked Prasad to deposit his passport and provide a personal bond worth
Rs 5, 00,000 to the court. He has also been directed not to leave the state.
Prasad, who was lodged in the Chanchalguda central prison, filed petition in the High Court seeking bail.