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Judicial remand of Raju, others extended

The judicial remand of former Satyam Computer Chairman B Ramalinga Raju has been extended for another two weeks in the multi-crore accounting fraud at the IT company.

india Updated: Jun 10, 2009 19:34 IST

The judicial remand of former Satyam Computer Chairman B Ramalinga Raju has been extended for another two weeks in the multi-crore accounting fraud at the IT company.

The XIV Additional Chief Metropolitan Magistrate extended the judicial remand of Raju by 14 days till June 24, after their remand ended on Wednesday.

The remand of Satyam's former MD Rama Raju and ex CFO V Srinivas, former auditors of Price Waterhouse S Gopalakrishnan and T Srinivas and three former Satyam employees has also been extended till June 24.

While three Satyam Computer Services Ltd (SCSL) employees -- former Vice-President (Finance) G Ramakrishna and former managers (Finance) D Venkatapathi Raju and Ch Srisailam -- were brought from jail to the court, Raju brothers, V Srinivas and the former auditors were not produced as they were being questioned by the Enforcement Directorate at the Chanchalguda jail in Hyderabad.

Another accused in the case Suryanarayana Raju, who is on an anticipatory bail, also appeared for the court proceedings, a CBI counsel said.

Meanwhile, a seven-member team of the Enforcement Directorate continued to record the statements of Ramalinga Raju and others at the jail after the court permitted the agency to question them for eight days from June 9 to June 16, a senior jail official said.