Judicial remand of Raju, others extended till June 24

Image
Press Trust of India Hyderabad
Last Updated : Jan 20 2013 | 9:33 PM IST

The judicial remand of former Satyam Computer Chairman B Ramalinga Raju has been extended for another two weeks in the multi-crore accounting fraud at the IT company.

The XIV Additional Chief Metropolitan Magistrate extended the judicial remand of Raju by 14 days till June 24, after their remand ended today.

The remand of Satyam's former MD Rama Raju and ex CFO V Srinivas, former auditors of Price Waterhouse S Gopalakrishnan and T Srinivas and three former Satyam employees has also been extended till June 24.

While three Satyam Computer Services (SCSL) employees -- former Vice-President (Finance) G Ramakrishna and former managers (Finance) D Venkatapathi Raju and Ch Srisailam -- were brought from jail to the court, Raju brothers, V Srinivas and the former auditors were not produced as they were being questioned by the Enforcement Directorate at the Chanchalguda jail here.

Another accused in the case Suryanarayana Raju, who is on an anticipatory bail, also appeared for the court proceedings, a CBI counsel said.

Meanwhile, a seven-member team of the Enforcement Directorate continued to record the statements of Ramalinga Raju and others at the jail after the court permitted the agency to question them for eight days from June 9 to June 16, a senior jail official said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 10 2009 | 5:17 PM IST

Next Story