Court issues summons to Raju

A local court today issued a production warrant against former Satyam Computer chairman Ramalinga Raju in a case filed by the Serious Fraud Investigation Office (SFIO) on charges of fudging balance sheets, deceiving shareholders, taking huge benefits and dividends as directors and showing unpaid dividends as paid.

It directed the Chanchalguda jail authorities to produce him before the court on December 30. The court had earlier issued summons to Raju, former managing director B Rama Raju and former chief financial officer Srinivas Vadlamani for examination today.

Rama Raju and Vadlamani, who are under judicial remand, were produced before the court. However, Raju, who is presently being treated for Hepatitis-C at the Nizam’s Institute of Medical Sciences here, was unable to appear before the court.