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Rediff.com  » Business » Satyam: Raju, others' remand extended

Satyam: Raju, others' remand extended

Source: PTI
January 20, 2010 16:32 IST
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SatyamA local court in Hyderabad extended the judicial remand of the accused in Satyam scam, including the IT firm's founder, B Ramalinga Raju.

The XIV additional chief metropolitan magistrate extended the judicial remand of all 10 accused of the multi-crore Satyam scam to February 3.

As the advocates of the Nampally criminal court boycotted proceeding in support of Telangana bandh and closed the entrance, the accused could not be produced before the magistrate.

They were made to sit in the police van itself for over three hours after they were brought from the Chanchalguda jail.

Later, for security reasons, the magistrate extended the accused's judicial remand till February 3 and also adjourned the framing of charges to the same day.

Eight accused, including two former auditors of PricewaterhouseCoopers, were brought from the jail while Satyam's former chairman B Ramalinga Raju is undergoing treatment at NIMS hospital in Hyderabad for hapatitis-C ailment.

Another accused Satyanarayan Raju, who is on anticipatory bail, was also present at the court.

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