Satyam Scam / Scandal : Raju’s bail hearing postponed till January 16th
HYDERABAD: A city court on Monday deferred till January 16 hearing on bail applications filed by Satyam’s three disgraced executives including
Ramalinga Raju, as also market regulator Sebi’s plea for quizzing Raju.
Hearing on the bail plea will be taken up by the 6th chief metropolitan magistrate on January 16, Raju’s lawyer Bharat Kumar told reporters, adding that a team of 25 lawyers has been put together to defend Raju and others.
Besides Raju, his brother Rama Raju and Satyam’s CFO Vadlamani Srinivas too are in judicial custody till January 23 and are lodged in the Chanchalguda central prison.
Loading ...
1 Comments
Sunil
January 12th, 2009 at 10:11 pm
I am not surprised by this “bail application”. No doubt these people have hoarded cash somewhere and as usual the RICH WILL GET AWAY EASILY in our LAW system. Nothing new to our country and yet another case which will bring shame to our law and order
Leave a reply