CBI files memo in Satyam case

Thursday, November 12th, 2009 at 1:22 pm

 
The CBI has filed a memo in a local court seeking its permission to hear the charges against the accused in the multi-crore accounting fraud case in Satyam Computers, on the basis of material it provided in the first charge sheet.
 
The filing of the memo was necessitated following Andhra Pradesh High Court’s direction to the investigating agency to hasten the process and start trial in the case, the CBI prosecutor said.
 
"We filed the memo in the XIV Additional Chief Metropolitan Magistrate Court yesterday to seek its permission to hear the charges against Satyam accused," said CBI Deputy Legal Advisor B. Ravindranath.
 
The court posted the matter to November 18.
 
Eight persons including the prime accused and former chairman of Satyam Computers B. Ramalinga Raju are in judicial remand till November 18.
 
While seven accused including Satyam’s former MD Rama Raju and ex-CFO V. Srinivas, two former auditors of Pricewaterhouse S. Gopalkrishnan and T. Srinivas are lodged in Chanchalguda prison here, Ramalinga Raju is undergoing treatment for his heart-related ailment and hepatitis ’C’ in Nizam’s Institute of Medical Sciences (NIMS).(PTI)
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