Satyam founder Raju seeks special status in jail

January 16th, 2009 - 5:40 pm ICT by IANS  

Ramalinga RajuHyderabad, Jan 16 (IANS) Lawyers for disgraced Satyam Computer Services founder-chairman B. Ramalinga Raju Friday sought special status for him in jail, saying he has stature in society and is used to a certain lifestyle.The plea for special status was made during a court hearing on bail application by Raju, who was arrested and lodged in Chanchalaguda jail here after he confessed to committing an accounting fraud of Rs.70 billion (Rs.7,000 crore/$1.43 billion) in the company he founded in 1987.

However, counsel for prosecutors opposed any special treatment for Raju, contending that he has committed a crime and should be treated as a criminal.

The court has reserved ruling on the matter.

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