Andhra High Court adjourns hearing on Raju’s bail plea
August 5th, 2010 - 5:10 pm ICT by IANS
Hyderabad, Aug 5 (IANS) The Andhra Pradesh High Court Thursday adjourned the hearing on the bail petition of B. Ramalinga Raju, the prime accused in the multi-crore Satyam fraud case.
Justice Raja Elango adjourned the hearing to Aug 12 as the Central Bureau of Investigation (CBI) sought time to file counter-reply to the bail plea of the former Satyam Computer Services Limited chairman.
Raju, who is undergoing treatment for Hepatitis C at the government-run Nizam’s Institute of Medical Sciences (NIMS) here, filed the bail petition last week as the court has granted bail to rest of the accused in the case.
The court July 20 granted bail to five accused, including Ramalinga Raju’s brother and former managing director of Satyam, B. Rama Raju, and former chief financial officer Vadlamani Srinivas.
The courts had earlier granted bail to three accused while Ramalinga Raju’s another brother B. Surayanarayana Raju had obtained anticipatory bail last year.
Ramalinga Raju shocked corporate India in January last year by admitting to Rs.7,800 crore accounting fraud in the IT major.
The CBI, however, told the court in November last year that the scam is of over Rs.14,000 crore.
All the accused are facing charges of criminal conspiracy, criminal breach of trust, cheating, forgery and falsification of accounts.
- Court reserves verdict on Raju's bail plea - Aug 16, 2010
- Former Satyam chief Raju gets bail (Lead) - Aug 18, 2010
- Five accused in Satyam scam get bail (Lead) - Jul 20, 2010
- Former Satyam chief Raju gets bail (Second Lead) - Aug 18, 2010
- Raju, others denied bail in Satyam scam - Aug 04, 2011
- Supreme Court cancels bail of Raju, five others (Second Lead) - Oct 26, 2010
- Satyam case: no bail for Raju, seven others - Aug 30, 2011
- Ramalinga Raju, five others surrender before trial court - Nov 10, 2010
- Satyam scam: Court dismisses discharge plea of nine accused - Oct 25, 2010
- Ramalinga Raju gets bail - Aug 18, 2010
- Ramalinga Raju discharged from hospital - Oct 02, 2010
- Ramalinga Raju surrenders in court, back in jail (Lead) - Nov 10, 2010
- Five accused in Satyam scam get bail - Jul 20, 2010
- Satyam Ramalinga Raju released on bail - Nov 05, 2011
- Satyam case: Andhra Pradesh High Court grants bail to Raju - Aug 18, 2010
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