chargesheet against Raju

The CBI on Tuesday filed a chargesheet in the Satyam accounting fraud case involving thousands of crores of rupees against company's founder B Ramalinga Raju and eight others. The 76-page chargesheet was filed before the special court here under various sections of Indian penal code for cheating and forgery. Besides Raju, those named in the chargesheet include his brother and former managing director of the company Rama Raju, Satyam former CFO Vadlamani Srinivas, and the two sacked auditors of PriceWaterhouse, S Gopalkrishnan and Talluri Srinivas. Others named in the chargesheet include Satyam employees G Ramakrishna (Vice President- Finance), D Venkatpathi Raju and Srisailam, both in the finance department of the company. Raju's another brother Suryanarayna Raju, a director with SRSR Advisory Services is the ninth person named in the chargesheet. Except Suryanarayana Raju, others are at present in the judicial custody and are lodged in the Chanchalguda jail here. The CBI submitted 1,532 original documents of bank transactions and 65,000-page other documents, which included the statements of 432 witnesses in the case along with the chargesheet in the court.

"Loved reading this piece by Jithendra.H.J?
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"

Join our Telegram group

Join our Whatsapp group