Tuesday, March 3, 2009

Raju and 4 others in custody of CBI

The CBI moved a local court here to seek the custody of tainted Satyam Computer founder B Ramalinga Raju and involved four others for questioning in connection with the Rs 7,800-crore accounting scam in the IT Company.

The move from the CBI comes after receiving legal opinion that the agency could question Raju and others. Its prosecution department, citing a Supreme Court ruling, had claimed that it could not seek Raju's custody. The official said an application seeking seven days custody of the five accused, including Raju, was filed by the CBI in the court of XIV Additional Chief Metropolitan Magistrate.

The judge asked the CBI's public prosecutor to serve notices to defence lawyers tomorrow. Besides Ramalinga Raju, the CBI wants to question company's former managing director Rama Raju, ex-CFO Vadlamani Srinivas and sacked partners of PriceWaterhouse S Gopalakrishnan and Talluri Srinivas.

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