Rama Raju got bail as records were safe: Satyam saga continious

Independent Media

Justice Raja Elango took into consideration the arguments on behalf of Rama Raju, Vadlamani Srinivas, G. Ramakrishna, Ch. Srisailam and D. Venkatpathy Raju in the Satyam fraud case that they would not be able to tamper with the records as most of the documents were with the court. Justice Elango ruled that the accused should submit two sureties of Rs 20 lakh each and they present themselves before the investigating officer every day. Ramalinga Raju’s bail plea was rejected by the SC and the HC.

However, the HC granted bail to Pricewaterhouse auditor S. Gopalakrishnan and former internal auditor Prabhakar Gupta a week ago. A lower court in March 2009 granted anticipatory bail to B. Suryanarayana Raju, another brother of Ramalinga Raju.


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