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.
A local court today directed the
CBI to submit before it "specific material" on its allegations
against former Chairman of Satyam Computers
and nine other accused in the multi-crore accounting scam in
the IT firm.
Former Chairman of Satyam
Computers, B Ramalinga Raju, who is the prime accused in
multi-crore accounting fraud in the IT firm, on Monday gave
consent for his examination on the charges against him through
The special court hearing
Satyam scam today asked the counsel of former
Chairman of Satyam Computers B Ramalinga Raju to file an
application on July 5 about possible ways to begin trial in
the backdrop of Raju`s health.
A special court trying the Satyam
scam cases today directed the jail authorities to send accused
Vadlamani Srinivas to a government-run hospital for eye tests
and file a report on his condition by May 21.
A local court on Wednesday upheld the
contention of defence lawyers of the multi-crore rupees Satyam
Computers scam case to verify all documents of second charge
sheet before being handed over to the accused in the case.
The Government today asked
investigating agency SFIO to initiate prosecution proceedings
against persons involved in Satyam accounting fraud and
partners of Price Waterhouse, the auditors of the IT company.
The investigations in the multi-crore Satyam accounting scam has indicated the role of a prominent stock broker prompting the CBI to seek filing of another charge sheet in the case, which may be done soon.