Satyam fraud case: Ramalinga Raju’s bro, 5 accused get bail

Hyderabad, Oct 12: Ramalinga Raju’s brother, Rama Raju along with four more accused got conditional bail over the Satyam Fraud case. The Supreme Court on Wednesday, Oct 12 awarded conditional bail for six months to the top former Satyam employees.

The top four officials were – former internal chief auditor, VS Prabhakar Gupta; former Price Waterhouse Coopers (PWC) auditor, S Gopalakrishnan; D Venkatpati Raju and G Ramakrishna.

Raju, former chairman and founder of Satyam Computer, currently is in judicial custody. Raju had surrendered on Nov 10, 2010 before a Hyderabad court adjudicating the nation’s biggest corporate fraud, allegedly to the tune of Rs 14,000 crore.

READ  SC ask why husband has to suffer always ?

Leave a Comment

Your email address will not be published. Required fields are marked *