Satyam saga: Court extends judicial custody of Raju, others, to Feb 7
January 31st, 2009 - 9:33 pm ICT by IANS
Hyderabad, Jan 31 (IANS) A city court Saturday extended the judicial custody of disgraced founder and former chairman of Satyam Computer Services B. Ramalinga Raju and three other accused in the firm’s massive scam to Feb 7.Sixth additional chief metropolitan magistrate D. Ramakrishna extended the custody of Ramalinga Raju, his brother and former managing director B. Rama Raju and former chief financial officer (CFO) Vadlamani Srinivas by a week.
The accused, lodged at Chanchalguda central jail, were not physically produced before the magistrate, who conducted the proceedings through video linkage between the court and the jail.
All the four are facing charges of cheating, criminal conspiracy, falsification of records and forgery in Rs.70 billion (Rs.7,000 crore/$1.43 billion) Satyam fraud case.
The magistrate also extended the judicial custody of D. Gopalakrishnam Raju, general manager of SRSR Advisory Services, a company promoted by Ramalinga Raju to manage his stakes in Satyam.
Crime Investigation Department (CID), which is probing the massive fraud, produced Gopalakrishnam Raju before the magistrate as his two-day police custody came to an end Saturday.
He was sent back to jail after the court extended his judicial custody.
CID grilled Gopalakrishnam Raju for two days and reportedly obtained vital information with regard to the property and land dealings of Ramalinga Raju and his family. The police also claimed that he had tried to destroy documentary evidence after the arrest of Raju brothers.
Meanwhile, Serious Fraud Investigation Office (SFIO) has once again approached the magistrate for permission to record statements of Ramalinga Raju and Srinivas. SFIO filed a fresh petition as its earlier petition was not admitted by the court for not filing it under relevant provisions.
The matter will come up for hearing Monday, the day on which the magistrate will pronounce orders on the bail petition of two former partners of Price Waterhouse, the firm which audited the accounts of Satyam.
- Raju, others denied bail in Satyam scam - Aug 04, 2011
- Judicial remand of Rajus extended till July 8 - Jun 24, 2009
- Satyam Raju's judicial remand extended till July 22 - Jul 08, 2009
- Court extends judicial custody of Satyam accused till July 22 - Jul 08, 2009
- Gopalakrishna Raju sent to police custody for two days - Jan 29, 2009
- Rajus sent back to jail, SEBI plea dismissed (Roundup) - Jan 23, 2009
- Ramalinga Raju's judicial custody ends today - Jul 22, 2009
- Court to hear CBI petition for custody of Satyam''s Raju, four others - Mar 19, 2009
- Satyam case: no bail for Raju, seven others - Aug 30, 2011
- Multiple agencies continue probe into Satyam fraud - Jan 14, 2009
- Satyam's Rajus sent back to jail till Jan 31 (Lead) - Jan 23, 2009
- Former Satyam financial official sent to jail - Jan 11, 2009
- Ramalinga Raju's brother surrenders in court - Mar 07, 2009
- CBI seeks custody of Satyam Rajus for two more days - Mar 17, 2009
- Ramalinga Raju, 4 others sent to CBI custody - Mar 09, 2009
Tags: b rama raju, b ramalinga raju, central jail, crime investigation department, criminal conspiracy, department cid, falsification, fraud case, fraud investigation, information with regard, investigation office, judicial custody, land dealings, magistrate, massive fraud, police custody, ramakrishna, relevant provisions, satyam computer services, srinivas
