Sebi summons Raju, his lawyer to appear

The Securities and Exchange Board of India (Sebi) team visited Satyam headquarters at Infocity here to get details on the disclosures made by company founder Ramalinga Raju.
Despite Sebi's summons to Raju, he refrained from attending in person in the evening at the corporate office and was represented by his advocate S Bharath Kumar.
Earlier, the Sebi team had visited Raju's house at Jubilee Hills but found it locked. The house has been locked ever since the irregularities came to light. It is said that Raju was staying in a guest house belonging to Byrraju Foundation at Kompally, on the outskirts of Hyderabad. It is also reported that he was not keeping well and would seek medical assistance.
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First Published: Jan 09 2009 | 5:35 PM IST
