Satyam case: CBI moves SC against Raju bail
  • This Section
  • Latest
  • Web Wrap
Last Updated: Saturday, August 28, 2010, 23:08
New Delhi: CBI has moved the Supreme Court against the Andhra Pradesh High Court order that granted bail to disgraced Satyam founder B Ramalinga Raju in connection with Rs 14,000 crore fraud case in the IT company.

The appeal filed by the agency is listed for hearing on Monday before a bench headed by Justice Dalbeer Bhandari.

While granting bail, the High Court on August 18 had ordered Raju to stay in Hyderabad and provide two sureties for Rs 20 lakh each.

Raju, who was arrested on January 9 last year and is currently undergoing treatment for liver infection in the state-run Nizam Institute of Medical Sciences here, was also asked to appear before the local court trying the case that has become India's largest corporate fraud.

Raju had appeared before the local court on August 24, but framing of charges was deferred to August 26.


First Published: Saturday, August 28, 2010, 23:08

comments powered by Disqus