Court dismisses Raju kin plea seeking release of bank money
A Special Court dismissed the petitions of Anil Verma and Purnima, son-in-law and daughter of Satyam scam accused B Suryanarayana Raju, seeking direction to the CBI to defreeze their savings bank accounts and fixed deposits.
Hyderabad: A Special Court today
dismissed the petitions of Anil Verma and Purnima, son-in-law
and daughter of Satyam scam accused B Suryanarayana Raju,
seeking direction to the CBI to defreeze their savings bank
accounts and fixed deposits.
B V L N Chakravarti, the judge trying the Satyam scam
cases here, accepted CBI`s contention that it is conducting
further investigations about diversion of money and on
deposits made in banks and that defreezing of accounts at this
stage will hamper the probe.
The Judge said the petitioners did not submit any
document in the court to disclose the source of the amount
available in their savings accounts and fixed deposits held
with a private bank in Jubilee Hills here.
"There is no material available before the court to
draw any inference that the said amount belongs to petitioners
only and it was their self acquired amount," Chakravarti
observed while disallowing their petitions.
Anil and Purnima, (holding Rs 88.49 lakh and Rs 2.13
crore respectively), in separate petitions, had earlier
submitted that the money had nothing do with the offence and
that they were suffering financially as the CBI froze both the
accounts during the investigations into the Satyam fraud which
came to light in January last year.