Court extends Raju’s remand by 14 days

  • PTI, Hyderabad
  • |
  • Updated: Aug 05, 2009 11:56 IST

A local court in Hyderabad on Wednesday extended the judicial remand of Satyam founder B Ramalinga Raju and eight other accused in the multi-crore rupee fraud case in the IT company by 14 days.

The XIV Additional Chief Metropolitan Magistrate extended the remand of Ramalinga Raju, his brother Rama Raju, former Satyam CFO Vadlamani Srinivas, former auditors of Price Waterhouse S Gopalakrishnan and Talluri Srinivas and three former employees of the IT firm till August 19.

The accused, who have been lodged in the Chanchalguda jail, were produced before the magistrate on Wednesday.


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