Satyam case: Ramalinga Raju, nine others get seven-year jail

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IANS Hyderabad
Last Updated : Apr 09 2015 | 4:32 PM IST

A special CBI court on Thursday sentenced B. Ramalinga Raju, his two brothers and seven others to seven years in prison in the multi-crore-rupee Satyam case.

The court also imposed over Rs.5 crore fine each on Ramalinga Raju, the Satyam Computer Services Ltd's founder and former chairman, and his brother B. Rama Raju and up to Rs.50 lakh each on the remaining accused, CBI counsel K. Surender said.

"Various sentences ranging from two years to seven years imposed on all the accused but all the sentences would run concurrently. That is the reason the maximum sentence is seven years which they have to serve," he said.

The other accused are Ramalinga Raju's another brother, B. Suryanarayana Raju, Satyam's former chief financial officer Vadlamani Srinivas, former PricewaterhouseCoopers auditors Subramani Gopalakrishnan and T. Srinivas, former employees G. Ramakrishna, D. Venkatpathi Raju and Ch. Srisailam, and Satyam's former internal chief auditor V.S. Prabhakar Gupta.

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First Published: Apr 09 2015 | 4:26 PM IST

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