CBI plea against Ramalinga Raju’s bail to be heard Monday
August 29th, 2010 - 3:29 pm ICT by IANS
New Delhi, Aug 29 (IANS) The Supreme Court will Monday hear the CBI’s plea seeking cancellation of the bail granted to disgraced former chairman of Satyam Computer Services B. Ramalinga Raju by the Andhra Pradesh High Court.
Raju was granted bail by the high court Aug 18 after 17 months of judicial custody in Hyderabad. During the period of incarceration, he spent most of the time in Nizam Institute of Medical Sciences for the treatment of Hepatitis B.
The appeal by the Central Bureau of Investigation (CBI) for the cancellation of Raju’s bail would be heard by an apex court bench of Justice Dalveer Bhandari and Justice Deepak Verma.
The investigating agency has expressed apprehension that Raju may take advantage of his freedom to derail the trial by influencing the witnesses.
The Satyam scam surfaced following an admission by Raju in a letter to the company’s board of directors in January 2009. He shocked corporate India by admitting to a massive Rs.14,000 crore fraud in the IT major.
The CBI had already moved the apex court for the cancellation of bail to five other co-accused, which include Ramalinga Raju’s brother B. Rama Raju, former chief financial officer Vadlamani Srinivas, and three other Satyam staffers - G. Ramakrishna, Ch Srisailam and Venkatapathi Raju.
- Supreme Court cancels bail of Raju, five others (Second Lead) - Oct 26, 2010
- Satyam's Ramalinga Raju, two others get bail - Nov 04, 2011
- Satyam case: Supreme Court grants bail to five - Oct 13, 2011
- Satyam case: Apex court notice to CBI on Raju's bail plea (Second Lead) - Oct 21, 2011
- Ramalinga Raju, five others surrender before trial court - Nov 10, 2010
- Why not cancel bail, apex court asks Satyam scam accused - Aug 30, 2010
- Apex court says no to Raju's plea on surrender (Lead) - Nov 09, 2010
- Satyam case: no bail for Raju, seven others - Aug 30, 2011
- Five accused in Satyam scam get bail (Lead) - Jul 20, 2010
- Raju, others denied bail in Satyam scam - Aug 04, 2011
- Apex court cancels bail of Satyam's Raju, five others (Lead) - Oct 26, 2010
- Ramalinga Raju surrenders in court, back in jail (Lead) - Nov 10, 2010
- Satyam case to be heard on daily basis from Nov 8 - Nov 02, 2010
- Five accused in Satyam scam get bail - Jul 20, 2010
- Notice to Satyam ex-chief on CBI's plea to scrap bail (Lead) - Oct 01, 2010
Tags: andhra pradesh high court, apex court, b rama raju, b ramalinga raju, bhandari, cbi, central bureau of investigation, corporate india, court bench, deepak verma, hepatitis b, investigating agency, judicial custody, medical sciences, ramakrishna, s board, satyam computer services, srinivas, srisailam, treatment of hepatitis b