SC notice on Satyam officials` bail plea

The Supreme Court Friday issued notice to the CBI on a bail plea by four officials of the erstwhile Satyam Computers Ltd accused in one of India`s biggest corporate frauds.

New Delhi: The Supreme Court Friday issued notice to the Central Bureau of Investigation (CBI) on a bail plea by four officials of the erstwhile Satyam Computers Ltd accused in one of India`s biggest corporate frauds.
A division bench of Justice Dalveer Bhandari and Justice Deepak Verma issued the notice, returnable in two weeks, after senior counsel Ashok Desai told the court that the prosecution had completed its arguments and there were no grounds for tampering with evidence.

The officials who have moved the court are the company`s former vice president G. Ramakrishna, former senior manager D. Venkatpathy Raju, former assistant manager C.S. Srisailam and former head of the company`s internal audit V.S.P. Gupta.

PTI

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