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Satyam fraud case: Sick Raju makes dramatic appearance in court | The tainted founder of Satyam Computer, B Ramalinga Raju, appeared before a local court here today, after avoiding appearance since September last year on health grounds. Raju is being tried for corporate fraud worth between Rs.7,
100 crore and Rs.14, 000 crore. His doctor accompanied Raju, who was granted bail
by the Andhra Pradesh High Court last week. The former Satyam chairman, who was
arrested on January 9 last year and is currently undergoing treatment for liver
infection in the state-run Nizam Institute of Medical Sciences here, was ordered
by the court to appear before the trial court once he's discharged. Earlier on
July 23, a local court had adjourned the case of examination of Raju through a
questionnaire and nine other accused in connection with the scam to July 26. The
Andhra Pradesh High Court had on January 20 granted bail to five accused including
Raju''s bother B Rama Raju and former CFO of Satyam Computers Vadlamani Srinivas
in the case. Raju, resigned as Satyam Computer Services Ltd. Chairman after being
charged with corruption and fraud. |
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