Thursday, May 21, 2009

ED to grill Satyam Rajus

By S A Ishaqui

Hyderabad, May 20 : The Andhra Pradesh High Court on Wednesday directed the XIV Additional Chief Metropolitan Magistrate Court at Nampally to dispose of a petition filed by the Enforcement Directorate (ED) seeking a direction to permit them to record the statements of the former chairman of Satyam Computer Services Ltd, Mr B. Ramalinga Raju, and others by June 1.

The assistant director of the ED, Mr L.V. Rao, told the court that they had registered a case against Mr Ramalinga Raju and his brother, Mr B. Rama Raju, the former Satyam CFO, Mr Vadlamani Srinivas, and the two auditors, Mr Sriniva Talluri and Mr S. Gopalakrishnan, under the Prevention of Money Laundering Act.

The assistant solicitor-general, Mr A. Rajasekhar Reddy, while arguing on behalf the ED told the court that a petition was filed in the lower court on April 2, seeking permission to record the statement of the accused in the case.
He complained that the lower court has been delaying the matter.

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