CBI files memo in Satyam case

Ramalinga Raju, founder and former Chairman of fraud-hit Satyam Computers, is escorted from a court in Hyderabad April 29, 2009. File Photo: G. Krishnaswamy   | Photo Credit: G. Krishnaswamy

The CBI has filed memo in a local court, seeking its permission to hear the charges against all the accused in the multi-crore accounting fraud case in Satyam Computers, on the basis of material it provided in the first charge-sheet.

The CBI prosecutor informed the designated CBI court, that this was necessitated following Andhra Pradesh High Court’s direction to the central investigating agency to hasten the process and start trial in the case.

“We filed the memo in the XIV Additional Chief Metropolitan Magistrate Court on Wednesday to seek its permission to hear the charges against Satyam accused,” CBI Deputy Legal Advisor, B. Ravindranath told PTI on Thursday.

The court posted the matter to November 18.

In the Satyam case, eight arrested persons, including the prime accused and former Chairman of Satyam Computers, B. Ramalinga Raju, are in judicial remand till November 18.

While seven accused including Satyam’s former MD, Rama Raju and ex—CFO, V. Srinivas, two former auditors of Pricewaterhouse, S. Gopalkrishnan and T. Srinivas. were lodged in Chanchalguda prison here, Ramalinga Raju is presently undergoing treatment for his heart-related ailment and hepatitis ‘C’ in Nizam’s Institute of Medical Sciences (NIMS).

Our code of editorial values

This article is closed for comments.
Please Email the Editor

Printable version | Dec 1, 2021 6:03:35 PM | https://www.thehindu.com/news/cities/Hyderabad/CBI-files-memo-in-Satyam-case/article16891658.ece

Next Story