Satyam case: Court defers hearing on ED, CBI pleas to June 1

A city court here today adjourned to June 1 the hearing on a petition filed by the Enforcement Directorate (ED) seeking permission to record statements of Satyam's former Chairman B Ramalinga Raju and other accused in the Rs 7,800-crore financial fraud in the IT company.

The XIV Additional Chief Metropolitan Magistrate posted the matter for further hearing on June 1 after the case came up before him today.

The court also postponed hearing on a CBI plea, seeking its permission to conduct lie detector and brain mapping tests on Raju brothers and other accused, to June 1.

The judge postponed hearing on the ED’s plea and CBI’s application after the defence counsels informed him that one of their senior lawyers handling the case on behalf of the Satyam accused had been hospitalised and requested for providing more time.

On April 6, ED had filed an application seeking the court’s permission to interrogate Ramalinga Raju, his brother and Satyam’s former MD Rama Raju, former CFO Vadlamani Srinivas and former auditors of Price Waterhouse - S Gopalakrishnan and Talluri Srinivas in jail, under the provisions of the Prevention of Money Laundering Act.

The directorate wanted to examine the accused to know how the money was generated from the Satyam fraud and how it was routed.