Satyam case: Court to fix verdict date on December 23

The special court set up to try the multi-crore accounting fraud at erstwhile Satyam Computer Services Limited on Thursday said that it would pronounce the date of verdict on the six-year-old case on December 23.

The court posted the verdict date after hearing arguments from the defence counsel, which challenged the authenticity of the electronically-gathered evidence that was presented by the Central Bureau of Investigation (CBI).

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. Ramalinga Raju appeared before the court for a short while on Thursday.

 

Meanwhile, the counsel representing Raju and the other accused had recently filed a petition in the special court, requesting to hear arguments over some of the evidence produced by the prosecution.