Sunday, January 11, 2009

Satyam Computers | 'C' Class for Rajus in jail

Hyderabad, Jan. 10: Mr B. Ramalinga Raju, who authored the Rs 8,000-crore scam at Satyam Computer Services Ltd, and his brother B. Rama Raju slept on the floor of Chanchalguda prison on Saturday with 30 persons accused of petty crimes like theft. The CID, meanwhile, arrested Mr Vadlamani Srinivas, the former chief financial officer of Satyam, on Saturday.


At the end of hours of interrogation by the CID, and after being remanded to judicial custody till January 23, the Rajus slept on sheets on the ground with woollen blankets provided at the Chanchalguda jail admission barrack.

"They are lodged in the admission block along with 30 other remand prisoners involved in various offences. There is no separate block for them," said Chanchalguda jail superintendent M. Chandrashekar. "Our doctors examined them as per the magistrate's order," Mr Chandrashekar told this correspondent. A jail official said, "We did not give them food as they came after the end of supper time." They may have eaten before they were brought to the jail, he said. An official said, "They will be shifted out of the admission block on Sunday. We segregate them from those accused in violent offences like dacoities and robberies. Those involved in dowry harassment and cheating cases are categorised soft cases and put in separate barracks." That is where the Rajus will be lodged. The Rajus will be treated as "C-class" prisoners, just like other prisoners, jail officials said.

The CID on Saturday arrested Mr Vadlamani Srinivas, the former Satyam CFO, for his alleged role in the Rs 8,000-crore fraud. IGP (CID) V.S.K. Kaumudi said, "Mr Srinivas is with us. We are questioning him." He was earlier questioned at Satyam's Madhapur office of Satyam. Mr Srinivas will be produced before a magistrate on Sunday. The CID has formed teams to arrest the other directors of Satyam Computer and auditors of PricewaterhouseCoopers who have been listed as the accused in the case. Mr Kaumudi said, "As the investigation progresses more (names) will be added."

The Rajus were produced before the sixth additional chief metropolitan magistrate at his residence in West Marredpally on Saturday evening after 18 hours of interrogation by the CID. The magistrate, Mr Ramakrishna, remanded the Rajus to 14 days in judicial custody.

The Rajus were brought to the judge's quarters in a convoy of cars from the DGP office complex, where they spent Friday night, at about 5.45 pm on Saturday. A group of supporters of Mr Raju heckled the media scrum there.

Additional director-general of police (CID) A. Shivanarayana said, "We have filed a petition seeking police custody." The police filed a 15-page remand report which included the confessions of both brothers.

Mr Raju's advocate, Mr S. Bharat Kumar, said the Rajus had not filed any bail petition. "The case is posted for hearing on Monday. The police has asked the jail doctors to check the health of my clients," he said. Mr Kumar told the magistrate that Mr Ramalinga Raju was not well. Mr Raju had complained of chest discomfort after he was arrested by the CID on Friday. In a change of practice, the police called in doctors from a corporate hospital instead of taking them there. The doctors said the Rajus' BP and cholesterol levels were high but there was no need for hospitalisation.

CID officials conducted simultaneous raids in various places including the offices of Satyam Computers and associated companies at Madhapur, Begumpet and Kompally. Meanwhile, a counsel for Sebi said the board would file a petition to interrogate Mr Ramalinga Raju.



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Source: Asian Age

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