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Tuesday, July 12, 2011

HYDERABAD BUZZ: HC orders preliminary probe in Emaar deal!

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July 11: The AP High Court on Monday ordered a prima facie probe by the CBI into the controversial deal between Emaar Properties Ltd and AP Industrial Infrastructure Corporation. The court will take a decision, in a separate case, on ordering a CBI inquiry into alleged amassing huge wealth and money laundering by the YSR Congress chief, Mr Y.S. Jagan Mohan Reddy, on Tuesday.

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