The AP High Court Tuesday stayed a provisional order of Enforcement Directorate attaching Rs 822 crore deposit belonging to Mahindra Satyam in a money laundering case involving former Satyam chief Ramalinga Raju and others.
The process of examination of the accused in fraud at Satyam Computer began today with the handing over of a questionnaire
by a local court to the counsel of B Ramalinga Raju, the ailing former chairman of the IT firm.
The Central Bureau of Investigation (CBI) has revealed wrongful gains of Satyam’s founder Ramalingam Raju and his family. In its findings, the CBI said that the promoter and family of Satyam wrongfully gained Rs 2,743 crore.
A special court trying the Satyam
Computers scam cases on Friday directed NIMS hospital here to
produce a fresh medical report on the health of the firm`s
former chairman, B Ramalinga Raju, before it by June 7.
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.
A two-member bench of the Andhra
Pradesh HC today delivered a split verdict on a petition filed by B Ramalinga Raju, former chairman
of Satyam Computers, challenging the CBI move to conduct a lie
detection test on him.
The special court trying the
former chairman of Satyam Computers, B Ramalinga Raju in the
Rs 7,800 crore Satyam scam, may examine him through
video-conferencing as the former is not able to depose before
it due to ill health.
The Supreme Court today declined
to grant bail to Price Waterhouse auditor Subramani
Gopalkrishnan, who was arrested in Rs 7,136-crore Satyam fraud
for allegedly conniving with its founder B Ramalinga
Raju and other aides.
A city court today permitted
former chairman of Satyam Computers B Ramalinga Raju, to file
a detailed counter, after the CBI had alleged that Raju had
violated court orders and met several people at NIMS.
Satyam Computers founder B
Ramalinga Raju, main accused in the multi-crore accounting
scam, is receiving a stream of visitors in the hospital, an
indication that he is medically fit to attend the judicial