Raju's counsel objects to SEBI's manner of interrogation
Counsel for Satyam Computer's founder today objected to the manner in which market regulator SEBI was conducting the interrogation, saying his client was not allowed to have any legal assistance, and also threatened to challenge the process in the Supreme Court.Updated: Feb 04, 2009, 17:48 IST
Counsel for Satyam Computer's founder Ramalinga Raju on Wednesday objected to the manner in which market regulator SEBI was conducting the interrogation, saying his client was not allowed to have any legal assistance, and also threatened to challenge the process in the Supreme Court.
Following the Supreme Court's order yesterday, a 5-member team from SEBI, headed by its south zone general manager Sunil Kumar, visited the Chanchalguda jail here today to grill Raju, his brother and former managing director Rama Raju and former chief financial officer Vadlamani Srinivas.
"I tried to meet Sunil Kumar, the investigating officer, to make a request for providing legal assistance to my client during the recording of the statement," S Bharat Kumar, Raju's lawyer told reporters outside the jail.
"However, Sunil Kumar refused to meet me and this issue we will surely take to the notice of the Supreme Court," the lawyer said.
He said that the Raju brothers did not have any legal assistance as they were lodged in the prison. Also, they did not have any records to present their perspective of the case.
"The jail atmosphere is not conducive to make any voluntary statements. We will question the validity of the statements extracted in confinement," Bharath Kumar said.