Raju may have left for US for Upaid case | india | Hindustan Times
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Raju may have left for US for Upaid case

Amid speculation over his whereabouts, B Ramalinga Raju, who stepped down as Chairman of Satyam Computer after admitting to financial irregularities, is believed to have left for the US in connection with a court case.

india Updated: Jan 07, 2009 22:05 IST

Amid speculation over his whereabouts, B Ramalinga Raju, who stepped down as Chairman of Satyam Computer after admitting to financial irregularities, is believed to have left for the US in connection with a court case.

Speculation mounted tonight when a TV channel reported that Raju may have gone to Dubai.

"We have no idea of where Raju is," a Satyam spokesperson told PTI over phone when asked if he had left for the US in connection with a case filed by a British Telecom solution firm Upaid.

Raju was also not reachable on his mobile phone despite several attempts, but police sources said that Raju left here for Texas this morning from the Hyderabad Airport.

Earlier in the day, Andhra Pradesh Chief Minister YV Rajasekhara Reddy had said that he would refer the Satyam matter to CB-CID for investigation.

Upaid had filed a petition in Texas seeking details of the USD 1.6 billion dollars acquisition of two Maytas firms, promoted by Raju's family, before Satyam dumped the deal after attack from investors.

In its petition, Upaid had demanded presence of Raju and senior directors of Satyam for questioning by its lawyers.