Rao, the former chairman of the Hyderabad-based Krushi Bank, was extradited from Bangkok 12 years ago in connection with the multi-crore scam and is currently on bail.
The state police approached the Royal Thai Government through the Ministry of External Affairs seeking permission to waive the "principal of speciality" to enable to prosecute Venkateswsara Rao in another case registered in Visakhapatnam in 2005, Additional Director General of Police (CID), S V Ramana Murthy said today.
A cheating case was registered against Rao and eight others for issuing fake share certificates in the name of Steel City Share Dealers Welfare Association, Visakhapatnam during 2005.
The Thai Government, through their Embassy, informed the Ministry of External Affairs about waiving the "principle of speciality" with a view to enable the Indian government to prosecute Rao for the additional offence other than the Krushi Bank case, Murthy said.
