In view of the prolonged absence of former Satyam Computers chairman B. Ramalinga Raju from court cases and the prosecution's objection to his continued hospitalisation, a special court here has asked the Nizam's Institute of Medical Sciences (NIMS) to furnish details of his health condition on a daily basis since March 31. The court has called for a report from NIMS about Mr. Raju's health along with copies of daily case sheets and medical examinations conducted on him since March 31, when he completed over six months of stay in hospital, initially for heart attack and later for treatment of Hepatitis – C infection.
Except Mr. Raju, nine other accused who are being prosecuted by the Central Bureau of Investigation (CBI), were present in the court on Monday.
Plea opposed
Meanwhile, the CBI opposed a plea by the new management of the company – representing Mahindra Satyam – to gain access to the huge stock of records relating to the fraud in possession of the investigating agency at Satyam Technologies Centre at Bahadurpalli and My Home Hub at Madhapur here. The management appealed to the court to release the stock to enable it to defend cases, including class action suits pending in courts in the United States and other countries.
The management informed the court that the documents were required to complete the restatement of accounts of Satyam Computers for earlier years as permitted by the Company Law Board up to June 30. It said that the documents were no longer required by CBI as it had completed investigation and even filed charge sheet in the case. The management averred that the CBI did not maintain an inventory of documents that were seized and the company secretary had no knowledge of what went on.
The court, however, refused to concede the request for interim orders and said it would only issue final orders after the CBI filed objections on April 16. The CBI also opposed de-freezing of the savings bank accounts of former Price Waterhouse auditors S. Gopalakrishnan and Talluri Srinivas in the Banjara Hills branch of HSBC on the ground that they could possibly contain funds related to the fraud.
