Judicial remand of Satyam accused extended till July 8

June 24th, 2009 - 8:04 pm ICT by ANI  

Ramalinga Raju Hyderabad, June 24(ANI): Judicial remand of the Satyam Computer accused, including its founder B Ramalinga Raju, was extended by a local court on Wednesday by 14 days to July 8.

The accused were produced before the XIV additional chief metropolitan magistrate, who extended the judicial remand of Ramalinga Raju and other accused for alleged involvement in the multi-crore financial fraud.

The accused in the case in jail are Ramalinga Raju, his brother Rama Raju, Satyam’s former Chief Financial Officer Vadlamani Srinivas, former auditors of PriceWater Cooper G Gopalakrishnan and his deputy Talluri Srinivas and Satyam employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam.

Suryanarayana Raju, who is on anticipatory bail, was also produced in the court.

B Ramalinga Raju is currently held in Hyderabad’s Chanchalguda jail on criminal charges including fraud, forgery, cheating, embezzlement and insider trading. (ANI)

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in National |