Satyam fraud case: CBI grills Raju for three hours

By ANI
Friday, November 5, 2010

NEW DELHI - The Central Bureau of Investigation (CBI) questioned former Satyam chairman B. Ramalinga Raju for around three hours here today as part of its probe into the multi-crore financial scam case.

Raju, who appeared before the investigating officer (IO) on Sunday, was issued a notice by the investigating agency on Monday to appear before them for questioning in the 2008 scam.

Raju, the prime accused in the Rs 14,000-crore scam, had earlier evaded interrogation under the pretext of being medically unfit.

Raju was discharged from Hyderabad’s Nizam Institute of Medical Sciences (NIMS) on Saturday, where he was undergoing treatment for hepatitis C for the past ten months. arlier on October 1, the Supreme Court issued notice to Raju on a petition by the CBI seeking cancellation of his bail granted by the Andhra Pradesh High Court.aju was granted bail by the Andhra High Court in August.

The CBI believes that Raju may try to tamper with evidence against him and influence witnesses

He has been charged under various sections of the Indian Penal Code including Section 120B for criminal conspiracy, under Section 409 for breach of trust, under Section 420 for cheating, and under Section 468 and Section 471 for forgery.

Raju, Satyam founder and former Chairman, resigned from the company after confessing to country’s biggest financial fraud of Rs 14,000 crore and isclosing massive financial irregularities in January 2009.

Andhra Pradesh Police arrested Raju and his brother Rama Raju on January 9, 2010. Nine other accused, including top company officials and auditors, were also arrested in the case. (ANI)

Filed under: India

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