Satyam scam: Court dismisses discharge plea of nine accused

Posted On & filed under Top Law News.

A local court on Monday dismissed discharge petitions of nine accused in the multi-crore rupee accounting scam in Satyam Computer Services. The discharge petitions filed by all the accused, barring prime accused former company chairman B. Ramalinga Raju, were dismissed by an additional chief metropolitan magistrate (ACCM) court after hearing the arguments of both sides…. Read more »

Five accused in Satyam scam get bail

Posted On & filed under Top Law News.

The Andhra Pradesh High Court Tuesday granted bail to five accused in the multi-crore rupee Satyam scam. With this, all the accused in the case except the prime accused and disgraced former chairman of Satyam, B. Ramalinga Raju, are out on bail. The court Tuesday granted bail to five accused including Ramalinga Raju’s brother and… Read more »

Court to decide on Ramalinga Raju’s trial Monday

Posted On & filed under Top Law News.

A special court will decide on Monday whether B. Ramalinga Raju, the key accused in the Rs 14,000 crore Satyam scam, should be examined through video conference. The court on Friday directed Raju’s counsel to file a counter to CBI’s petition seeking a video linkage between the court and Nizam’s Institute of Medical Sciences Nims,… Read more »

Court orders clubbing three chargesheets in Satyam scam

Posted On & filed under Top Law News.

The special court trying the Satyam scam cases here Wednesday clubbed three chargesheets filed by the CBI in the multi-crore accounting scam. Pronouncing the order reserved last week, the court ruled that it would treat all the three chargesheets against disgraced former chairman of Satyam Computers Ramalinga Raju and nine others as one case. The… Read more »