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Special court to fix date for Satyam verdict on Oct 30

The country's biggest corporate scam broke out at erstwhile Satyam on January 7, 2009

K Rajani Kanth Hyderabad
The special court set up to try the multi-crore accounting fraud at erstwhile Satyam Computer Services Limited on Monday said that it would pronounce the date of the much-awaited verdict on October 30.

"The court has ordered all the accused to appear before it on that date," Central Bureau of Investigation (CBI)'s special public prosecutor K Surender said today.

The country's biggest corporate scam broke out at erstwhile Satyam on January 7, 2009, after its founder and former chairman B Ramalinga Raju admitted to fudging the company's accounts and inflating figures.

Raju, and his younger brother and then the managing director of Satyam B Rama Raju were arrested by the crime investigation department of Andhra Pradesh police on January 9, 2009.

 

Raju and others were charged with offenses including forgery, criminal conspiracy, forgery, cheating and breach of trust and the CBI had filed three charge sheets, which were later clubbed into one.

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First Published: Oct 27 2014 | 6:20 PM IST

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