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SEBI, Serious Fraud Office teams don’t get to question Rajus

Hyderabad: Investigating teams of the Securities and Exchange Board of India (SEBI) and Serious Fraud Investigation Office (SFIO) have not been able to interrogate B. Ramalinga Raju, former Chairman of Satyam Computer Services and his brother, Rama Raju (former MD) on Saturday.

he duo were housed at the DGP’s office for most part of the day, after their surrender last night.

V.S.K. Kaumudi, IG (Economic Offences Wing) of State’s CID, said that SEBI and SFIO officials need to take court permission to question Ramalinga Raju.

The CID officials grilled Raju and his brother throughout the night and the best part of Saturday morning. The CID filed cases under IPC Sections 120-B (criminal conspiracy), 406 (criminal breach of trust), 417 (punishment for cheating), 420 (cheating), 468 (forgery) and 471 (using as genuine a forged document).

Source / courtesy: Sify