Bail hearing of Rajus, Srinivas today
Hyderabad court will today hear the bail petitions of Satyam's disgraced founder B Ramalinga Raju and his brother Rama Raju. CID takes custody of Rajus, begins grilling | Satyam Sinksbusiness Updated: Jan 19, 2009 12:33 IST
Hyderabad court will hear on Monday the bail petitions of Satyam's disgraced founder B Ramalinga Raju and his brother Rama Raju.
They were transferred from Chanchalguda jail to CID custody on Sunday and will be questioned for the next four days by the CID.
However, Raju is armed with a Hyderabad court order, cushioning him from severe grilling and also the police cannot question him in isolation. Raju's lawyers will be present.
Andhra Pradesh Chief Minister YSR Reddy has said that his government welcomes the CID probe.
"We welcome CBI enquiry. we welcome any law enforcement agency to come and investigate any angle in this case," said Reddy.
Meanwhile, the SEBI petition seeking permission to question Raju also comes up for hearing on Monday.