Satyam scam: Court dismisses discharge plea of nine accused

October 25th, 2010 - 5:03 pm ICT by IANS  

Ramalinga Raju Hyderabad, Oct 25 (IANS) A local court Monday dismissed discharge petitions of nine accused in the multi-crore rupee accounting scam in Satyam Computer Services.

The discharge petitions filed by all the accused, barring prime accused former company chairman B. Ramalinga Raju, were dismissed by an additional chief metropolitan magistrate (ACCM) court after hearing the arguments of both sides.

The accused, including Ramalinga Raju’s brothers Rama Raju and Suryanarayana Raju and former chief financial officer of Satyam Vadlamani Srinivas, had sought to be discharged from the case claiming that they were not involved in any scam.

The accused urged the court not to take up framing of charges against them.

The Central Bureau of Investigation (CBI), however, opposed the petitions of the accused on the ground that there was evidence of their involvement in the scam.

The court adjourned the hearing on framing of charges to Nov 3. All the accused who are on bail appeared before the court.

The Andhra Pradesh High Court Aug 18 granted bail to Ramalinga Raju. The CBI has challenged the decision in the Supreme Court.

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