Thursday, November 12, 2009

CBI files memo in Satyam case

The Central Bureau of Investigation (CBI) has filed a memo in a local court seeking its permission to hear the charges against the accused in the multi-crore accounting fraud case in Satyam Computer, on the basis of material it provided in the first charge sheet.
 
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The filing of the memo was necessitated following Andhra Pradesh High Court's direction to the investigating agency to hasten the process and start trial in the case, the CBI prosecutor said.

"We filed the memo in the XIV Additional Chief Metropolitan Magistrate Court yesterday to seek its permission to hear the charges against Satyam accused," CBI Deputy Legal Advisor B Ravindranath told PTI today.

While seven accused including Satyam's former MD Rama Raju and ex-CFO V Srinivas, two former auditors of Price Waterhouse S Gopalkrishnan and T Srinivas are lodged in Chanchalguda prison here, Ramalinga Raju is undergoing treatment for his heart-related ailment and hepatitis 'C' in Nizam's Institute of Medical Sciences (NIMS).

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