Supreme Court notice to Ramalinga Raju on CBI plea
October 1st, 2010 - 2:40 pm ICT by ANI
New Delhi, Oct 1 (ANI): The Supreme Court on Friday issued notice to former Satyam chairman B. Ramalinga Raju on a petition by the Central Bureau of Investigation (CBI) seeking cancellation of his bail granted by the Andhra Pradesh High Court.
Raju was granted bail by the Andhra High Court in August.
The CBI believes that Raju may try to tamper with evidence against him and influence witnesses
He has been charged under various sections of the Indian Penal Code including Section 120B for criminal conspiracy, under Section 409 for breach of trust, under Section 420 for cheating, and under Section 468 and Section 471 for forgery.
Raju, Satyam founder and former Chairman, resigned from the company after confessing to country’s biggest financial fraud of Rs 14,000 crore and disclosing massive financial irregularities in January 2009.
Raju and his brother Rama Raju were arrested by the Andhra police on January 9, 2010. Nine other accused, including top company officials and auditors, were also arrested in the case. (ANI)
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- Satyam scam: Ramalinga Raju surrenders before trial court - Nov 10, 2010
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- CBI to quiz Satyam founder Raju today - Oct 05, 2010
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- Satyam fraud case: Supreme Court rejects Ramalinga Raju's plea - Nov 09, 2010
- Bailed Satyam founder Raju makes second appearance before Hyderabad court - Aug 26, 2010
- Satyam fraud case: CBI seeks more time from Supreme Court - Oct 08, 2010
- Satyam Ramalinga Raju released on bail - Nov 05, 2011
- Satyam's Ramalinga Raju, two others get bail - Nov 04, 2011
- CBI plea against Ramalinga Raju's bail to be heard Monday - Aug 29, 2010
- Satyam scam is of over Rs.14,000 crore, says CBI (Lead) - Nov 24, 2009
- Supreme Court cancels bail of Raju, five others (Second Lead) - Oct 26, 2010
- Andhra High Court adjourns hearing on Raju's bail plea - Aug 05, 2010
- Court reserves verdict on Raju's bail plea - Aug 16, 2010
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