Showing posts with label Satyam. Show all posts
Showing posts with label Satyam. Show all posts

Thursday, June 16, 2011

Rajus get 1week to give staff names

By S A Ishaqui
Hyderabad,June 15: Justice Ravishankar of the AP High Court on Wednesday directed the disgraced chairman of Satyam Computers, B. Ramalinga Raju, and his brother B. Rama Raju to provide within a week the names of the Satyam employees for cross-examination.

The judge was dealing with a petition filed by Raju brothers challenging the orders of the trial court which rejected their plea to direct the CBI to furnish certain documents pertaining to the Satyam scam. The CBI has been opposing the plea saying that the documents were irrelevant. Mr T. Niranjan Reddy, counsel for the CBI, said Ramalinga Raju and his brother are seeking the service details of 52,000 employees, furnishing of which was not an easy task.

Mr Nalin Kumar, counsel for Ramalinga Raju, told the court that certain employees deposed against his clients in the trial court charging the Rajus with allotting shares of the company in an unlawful form to certain individuals. He said that they want to cross examine them and for that they need certain documents The judge after hearing both the parties directed the Rajus to tell the court within a week as to who were the employees they wish to cross examine and also the details of the documents they were seeking. The Supreme Court earlier fixed July 31 as deadline for the trial court to complete the trial in the Satyam case. The trial court is moving ahead with the trial at a brisk pace. The CBI too has reduced its list of witnesses and completed the job of producing their versions before the trial court.

Thursday, August 19, 2010

Tainted Ramalinga Raju mastermind behind Satyam scam gets bail


By S A Ishaqui
Hyderabad, Aug. 18: After seven botched attempts, B. Ramalinga Raju, the prime accused in the Rs 8,000 crore Satyam scam, got conditional bail from the Andhra Pradesh High Court on Wednesday in the teeth of opposition from the Central Bureau of Investigation.
The former chairman of Satyam Computer Services Ltd was arrested on January 9, 2009, two days after he confessed to authoring the biggest corporate fraud in India by fudging accounts of the company to inflate profits.
Though Raju has been in judicial custody for 19 months and 15 days, he spent a major chunk of this lolling in hospitals getting treatment for various “ailments”, much to the frustration of the CBI which felt it was merely a ruse to delay the trial.
At present, he is in undergoing treatment for Hepatitis C infection in Nizam’s Institute of Medical Sciences (Nims) and the CBI had cast doubts on whether this too was another trick not to appear before court.
The CBI has decided to challenge the bail in the Supreme Court, pointing out that Raju, who was influential and powerful, could tamper with evidence. “He could also influence the witnesses in the case,” said the CBI DIG, Mr. V.V. Lakshminarayana.

Raju had filed bail petitions seven times so far before the trial court, the High Court and the Supreme Court but had drawn a blank.

This time, Justice Raja Elango, made it clear that he was not going into the merits of the case and was granting bail based on the ground of custodial detention.

The judge reminded that pre trial detention was not recognised by Indian system and the provision for bail has been made available in the law.

Despite strong opposition from the CBI, the judge granted bail to Raju observing that the Cr PC provided the right to accused to avail bail beyond a stipulated period of detention. The judge was not convinced with the contention of the CBI that the trail would be completed in six months.
The judge said that neither the prosecution nor the accused can be held responsible for the delay in the trial and other legal processes which are unavoidable.

The judge pointed out that”since it is a fact that Raju is undergoing treatment for a long period for his ailments, he will fight out the case at the risk of his life once freed from the hands of justice. The question of Raju fleecing the process of justice does not arise because his passport is with the authorities and his permanent residence is in Hyderabad.”

The judge considered the arguments of the Raju’s counsel that the trial in Satyam scam will take a longer time because the process of Letters Rogatory will take at least two years.

The judge directed the accused to furnish two sureties worth Rs 20 lakh each and the accused has to cooperate with the CBI and the trial court. Raju has to appear daily before the CBI and should attend all trial court's proceedings after his discharge from the hospital.

The judge ruled that Raju should not indulge in tampering of evidence, or influence the witnesses.

The police registered a criminal case against Raju and 9 others based on a complaint lodged by Ms Leela Mangat, a resident of Hyderabad.
However, Mr. T Niranjan Reddy, special counsel for the CBI said that they will challenge
the bail before the Supreme Court.

Justice Raja Elango, had ruled that Ramalinga Raju should appear before the trial court at all future hearings without fail. The Judge directed him to report to the investigating officer daily from the date of his discharge from the hospital. The Judge said the illness of the petitioner and his treatment in the hospital cannot be a ground for considering the grant of bail especially when it is evident that he was taken care of by a team of doctors in the best hospital in Hyderabad.

Tuesday, August 17, 2010

CBI seeks private doctor, not Nims, to check Raju

By S A Ishaqui
Hyderabad, Aug. 16: The CBI told the AP High Court that it did not trust the Nims’ report on the condition of Satyam Computer chief Ramalinga Raju, who has been in hospital since last September citing Hepatitis C.

The additional solicitor-general, Mr H.P. Rawal, told the court, “We do not trust the reports of Nims doctors. We need a special panel to check Raju’s health condition.” Mr Rawal was stating the CBI stand on Raju’s bail plea. “Raju’s aim is to stay in the hospital, be in touch with the outside world, so that he can use his money and muscle power to influence witnesses,” he said. “If he is released, there is every possibility of (his) swindling the money he sent outside the country,” he said.

Justice Raja Elango observed that the ailment was not a ground to grant Raju bail. He asked asked counsel if Raju had fallen sick before he was taken into custody, or after. The judge pointed out that he did not believe in custodial ailments of high-profile accused.

CBI seeks private doctor, not Nims, to check Raju

By S A Ishaqui
Hyderabad, Aug. 16: The CBI told the AP High Court that it did not trust the Nims’ report on the condition of Satyam Computer chief Ramalinga Raju, who has been in hospital since last September citing Hepatitis C.

The additional solicitor-general, Mr H.P. Rawal, told the court, “We do not trust the reports of Nims doctors. We need a special panel to check Raju’s health condition.” Mr Rawal was stating the CBI stand on Raju’s bail plea. “Raju’s aim is to stay in the hospital, be in touch with the outside world, so that he can use his money and muscle power to influence witnesses,” he said. “If he is released, there is every possibility of (his) swindling the money he sent outside the country,” he said.

Justice Raja Elango observed that the ailment was not a ground to grant Raju bail. He asked asked counsel if Raju had fallen sick before he was taken into custody, or after. The judge pointed out that he did not believe in custodial ailments of high-profile accused.

Raju is economic terrorist, says CBI

By S A Ishaqui
Hyderabad, Aug. 16: Justice Raja Elango of the Andhra Pradesh High Court on Monday reserved orders on the bail plea of Mr B. Ramalinga Raju, the prime accused in the multi-crore Satyam fraud case after hearing arguments from both sides.

The additional solicitor general, Mr H.P. Raval, said that the accused was involved in “economic terrorism” and claimed that his crime had caused a loss of `24,000 crore to the investors.

He contended that a long period of incarceration, delay in trial and Raju’s ailment could not be the grounds for granting him bail. Mr Raval argued that if Raju was granted bail, he could destroy evidence, especially with regard to the money diverted and sent abroad.

The additional solicitor general said the trial could be completed in six months. He further said that Mr Raju could not claim parity with other accused granted bail by the High Court and the Supreme Court.

Justice Raja Elango said that as a citizen he was unable to understand why there was no hue and cry from investors if the inflating profits of the company had caused them huge losses.

Narrating to the factual matrix of the scam, the additional solicitor-general said, Mr Raju not only duped the investors, he also cheated the banks by borrowing `1,221 crore from banks and various financial institutions.

The judge also sought to know from Mr Raval whether Raju and his associates had diverted the investors’ money only or whether other funds were also diverted.

Mr Raval replied in the affirmative and that’s why the CBI has decided to give a logical end to the case by unearthing the destination of the “Satyam” money.

“In this case there is a higher degree of seriousness of charges against the prime accused and he is the mastermind behind the entire scam. Prosecution is going to challenge the bail granted to other accused before the Supreme Court,” he said.

Submitting a list of visitors who called on Mr Raju undergoing treatment for Hepatitis C at the government-run Nizam’s Institute of Medical Sciences (Nims) here for nine months, the prosecution disputed the claim that he was seriously ill and hence was unable to appear before the trial court.

Mr M. Natrajan, senior counsel from Chennai, arguing on behalf of Mr Raju said the trial might take six years and not six months as claimed by the prosecution. He said sending letters of Rogatory to six countries (where the Satyam money was allegedly diverted) seeking judicial assistance alone would take two years.

He told the court that Hepatitis C was affecting Mr Raju’s breathing, liver and heart. “He may suffer internal bleeding and a heart attack,” he added.

Friday, August 13, 2010

AP High Court refuses to adjourn Raju bail plea

By S A Ishaqui

Hyderabad,Aug. 12:. Justice Raja Elango of the AP High Court on Thursday refused to adjourn the hearing of the bail petition of B. Ramalinga Raju, prime accused in the multi-crore Satyam scam, for a month. Mr. T. Niranjan Reddy, special public prosecutor of the CBI, urged the judge to adjourn the case as the solicitor-general, Mr Gopal Subramanium, was unable attend the hearing on Thursday. It may be mentioned that the CBI had engaged the solicitor-general to oppose the Raju’s bail plea.

Mr Natrajan, the senior counsel appeared for the petitioner objected the CBI’s plea and urged the court to hear the case. The judge said that he cannot adjourn the case for such a long period and told the CBI counsel to get back after the lunch session with instructions from the solicitor-general.

After the lunch session, the CBI counsel told the court to adjourn the case for two weeks as Mr Gopal Subramanium would come to Hyderabad in two weeks. However, the judge posted the case to August 16 after Raju’s counsel expressed his inability to be available on the dates suggested by the CBI.

Meanwhile, Mr Ch Srisailam, the former finance manager of Satyam Computer Services Ltd withdrew his petition seeking to discharge him from the case.

Wednesday, August 11, 2010

CBI: Raju formatted laptop to erase data

By S A Ishaqui

Hyderabad, Aug. 10: The prime accused in the multi-crore Satyam scam, B. Ramalinga Raju, had fraudulently reloaded the operating system of his laptop immediately after his confession, to destroy incriminating electronic records, the Central Bureau of Investigation told the High Court on Tuesday while filing an objection to Raju’s bail petition through an affidavit.

The CBI said the forensic examination of Ramalinga Raju’s laptop revealed that the reloading of his operating system was done on January 7, 2009 — the very day he confessed to fudging the company funds.

The CBI also said that most witnesses in the case are Satyam employees, and Raju still wields tremendous influence on them. Raju’s main agenda was to stay put in a hospital, as from there he could stay in touch with the outside world and use his money and muscle power to influence the witnesses, alleged the CBI.

Raju was admitted to the Nizam’s Institute of Medical Sciences on September 7, 2009, and he continues to be there till date. During this period, he has been regularly meeting his counsel, the CBI said. The CBI said Raju generated forged fixed deposit receipts of various banks and got them destroyed as part of a conspiracy after the fraud came to light.

According to the affidavit, the investigation revealed that Raju had sent Satyam Computer’s funds to a third party across the globe. Based on the information, the CBI had issued letters rogatory to the competent judicial authorities in the US, the UK, Mauritius, Singapore, Belgium and the Virgin Islands.

Partial replies from the US, the UK, Mauritius and Singapore have been received. Replies from other countries are awaited.

At this stage, granting a bail to Raju will only allow him to influence the witnesses in India and abroad and tamper with more evidence, said the CBI.

Friday, August 6, 2010

CBI ropes in top lawyer to deny Raju bail

By S A Ishaqui
Hyderabad,Aug. 5: The Central Bureau of Investigation (CBI) engaged the solicitor-general of India to oppose the bail petition of B. Ramalinga Raju, the prime accused in the mutli-crore Satyam scam, before the AP High Court. Mr T. Niranjan Reddy, the special public prosecutor of the CBI, on Thursday, informed Justice Raja Elango that the solicitor-general, Mr Gopal Subrahmanyam, will appear in the case, and urged the judge to adjourn the matter to August 12.

However, counsel for Raju objected to the CBI’s plea and contended that it did not allow the accused to avail of the opportunity to get bail by seeking adjournments of the hearing. Responding to the contentions of the petitioner’s counsel, the judge said that the court cannot deny the opportunity to the CBI to defend its case and adjourned the case. Mr G. Subrahmanyam, the second top lawman of the government after the attorney-general, is defending the cases of the government of India. He is an expert in criminal laws and hails from Tamil Nadu.

The CBI is of the opinion that if Raju gets bail, he is likely to spoil the investigation at this crucial juncture, as eight of the nine accused are out on bail. According to sources, the CBI sent a request to the Centre to spare the services of Mr Subrahmanyam to argue the case, as investigation into factors like diversion of funds are yet to come to a logical end.

Earlier, Ramalinga Raju had withdrawn his bail petition from the Supreme Court and approached the AP High Court after the court had granted bail to five other accused in the case including his brother. Ramalinga Raju contended in his bail petition that the charges are on same footing with those of five other accused, including his brother, already out on bail.

Ramalinga Raju, who had confessed to fudging accounts of the company on January 7, 2009, retracted his confessional statement and claimed that he is innocent. Meanwhile, Ch. Srisailam, the former finance manager of Satyam, approached the AP High Court on Thursday, urging the court to set aside an order passed by the metropolitan session judge of the Nampally court by dismissing his revision petition.

Wednesday, July 28, 2010

Satyam Raju files for bail at HC

By S A Ishaqui

Hyderabad,July 27: The prime accused in the multi crore Satyam scam, Mr B. Ramalinga Raju, on Tuesday approached the AP High Court with a bail plea.

He told the court that he was falsely implicated in the case and the allegation against him was probably a result of prejudice due to unjustified propaganda against him and other accused in the case in a section of print and electronic media from January 7, 2009, to January 7, 2010. It may be mentioned that the 8 out of the 9 accused in the case were already enlarged on bail.

Mr Raju contended in his bail petition that the charges against him are no different from the charges against his co-accused, Mr B. Rama Raju, Mr Srinivas Vadlamani, and two others who are already on bail. He said he was undergoing treatment for Hepatitis C.

HC stays case on Arjita scam accused

Justice Samudrala Govindarajulu of the AP High Court on Tuesday reserved orders on a petition filed by Mr. A.V. Dharma Reddy, special officer of the Tirumala Tirupati Devasthanams, seeking a direction to quash criminal proceedings pending against him with regard alleged illegal sale of Arjita seva tickets. The court also granted interim stay on criminal proceedings against Mr Dharma Reddy.

The petitioner contended that he was falsely implicated by the prosecution in the case.
Mr Dharma Reddy said the petition filed by the prosecution was illegal and without any evidence. The judge asked the counsel for the petitioner and the prosecution to argue the case to determine the re-investigation of the case.

Electricity board’s order suspended

Justice P.V. Sanjay Kumar on Tuesday suspended an order issued by the AP Electricity Regulatory Commission (APERC) to determine the Fuel Surcharge Adjustment (FSA) to be levied on non domestic consumers for the financial year 2008-09. The judge was dealing with a petition filed by the India Cements Ltd challenging the order of APERC. Mr Challa Gunaranjan, counsel for the petitioner, contended that the FSA to be recovered was against the basic power sector reforms.

College told to allow student in class

Justice P.V. Sanjay Kumar on Tuesday directed the Shantiram Medical College, Kurnool, to permit Mr Gurivi Reddy, a student of MBBS, to attend classes.

Mr Gurivi Reddy was suspended from the college on the grounds that his name figured prominently in the Eamcet copying scam using sophisticated electronic equipment. He approached the court challenging the action of the college contending that that the management has no power to suspend him from the college. Mr Reddy was arrested for his involvement in the Eamcet copying scam.

HC asks state to fix dowry cases’ rules

The High Court on Tuesday referred to a division bench a writ petition seeking a directive to the state government to frame guidelines pertaining to police action in dowry harassment cases.

Wednesday, July 21, 2010

'Satyam' Raju lolls in hospital,5 others out on bail

By S A Ishaqui

Hyderabad, July 20: The AP High Court on Tuesday granted bail to B. Rama Raju, former managing director of the Satyam Computers, and four other accused in the Rs 10,000-crore accounting scam.

Mr B. Rama Raju is the brother of B. Ramalinga Raju, the mastermind of the scam. The others who got bail were Srinivas Vadl-amani, former CFO of the company, and three top officials, G. Ramakrishna, Ch. Srisailam and D. Venkatpathy Raju. With this, only Ramalinga Raju, continues to be in jail in the biggest corporate scam of the country that broke out on January 7, 2009. However, he has been avoiding proceedings at the special court set up for the case citing health reasons.

The CBI had arrested Ramalinga Raju, founder of the Satyam Computers, and nine others last year for the accounting fraud which shook the corporate world.

Justice Raja Elango granted bail to the accused saying that there was no need for them to languish in prison since there was no prospect of the trial commencing in the near future. The judge also referred to the Supreme Court granting bail to Srinivas Talluri, another accused in the Satyam scam.

However, the solicitor-general, Mr Gopal Subramanium, objected to the bail petitions by contending that the accused were influential people and would try to tamper evidence and influence witnesses. Mr T. Niranjan Reddy, the special public prosecutor, also assured that the trial would be completed within six months.

However, the Judge expressed scepticism at the trial concluding within six months citing voluminous records and the need to examine more than 400 witnesses.

Thursday, July 8, 2010

Arbitration of Maytas Properties stayed

By S A Ishaqui

Hyderabad, July 7: Justice G.V. Seethapathy of the AP High Court on Wednesday stayed further proceedings of arbitration by the arbitrator of Maytas Properties Ltd in a case pertaining to Mr Gunturu Parthasarathy.

The judge was dealing with a petition filed by Mr Parthasarathy seeking a direction to appoint an arbitrator under Section 11(6) of the Arbitration and Conciliation Act.

Mr Prabhakar Sripada, the petitioner’s counsel, brought to the notice of the court that Maytas Properties Ltd appointed an arbitrator without definite terms of reference, and the company wanted to avoid its contractual obligation by seeking shelter under the arbitration clause.

He contended that the company has so far not indicated as to what exactly was its dispute with the applicants; he added that without indicating its exact nature of the dispute with the applicants, it cannot refer the matter for arbitration.

He told the court that his client had purchased a flat from Maytas Hill County and the company has received the entire sale consideration. Therefore it could not have any further claim on his client.

Wednesday, April 14, 2010

AP High Court stops Maytas payment

By S A Ishaqui

Hyderabad, April 13: In a major jolt to Maytas Infra Ltd owned by the family of the disgraced ex-Satyam boss B. Ramalinga Raju, the Andhra Pradesh High Court on Tuesday asked the state government not to allot any work to the company on nomination basis hereafter.

A division bench comprising Justice Goda Raghuram and Justice Noushad Ali gave this directive while passing interim orders on a petition.

The bench also ordered the government not to make any payment to the company for the works in Gandikota reservoir in Kadapa district awarded to it on nomination basis under the relief and rehabilitation package.

The bench found fault with the action of the government’s indiscriminate allotments to the Maytas Infra without inviting tenders and also expressed its dissatisfaction at the government not filing a counter affidavit in the case even after the hearing was adjourned twice.

While granting two more weeks to the government to file the counter, the bench observed that a lot of public money could be saved if the government had invited tenders for the works, instead of awarding it to a particular company.

This was the second setback to the Maytas Infra in regard to Gandikota reservoir. The court had earlier quashed a GO issued to award road works worth Rs 120 crore to the company.

The bench was dealing with a petition filed by Mr K. Ramesh Reddy of Kadapa district, challenging the awarding of works worth several crore rupees on nomination basis to Maytas without inviting tenders.

Mr P. Veera Reddy, counsel for the petitioner, told the court that the government awarded works worth Rs 196.54 crore by splitting it into different packages ranging from Rs 2 lakh to Rs 5 crore.

He said the panchayat raj and irrigation departments awarded Maytas Infra works relating to construction of roads, drainage lines, water supply and sewerage lines and laying of electricity lines to colonies meant to rehabilitate families affected by the Mylavaram project.

Thursday, August 13, 2009

Stay extended on Raju lie test

By S A Ishaqui
Hyderabad, Aug 12 : Justice G. Bhavani Prasad of the AP High Court on Wednesday extended interim orders till August 19 directing the CBI not to proceed further in conduction polygraph and brain mapping tests on the former Satyam chairman, Mr B. Ramalinga Raju, and his associates.

The judge was hearing petitions filed by Mr Raju and his associates challenging the lower court order which allowed the CBI to conduct the tests.

Saturday, August 8, 2009

AP High Court holds up brain test on Raju, aides

By S A Ishaqui

Hyderabad, Aug. 7: The Andhra Pradesh High Court on Friday asked the Central Bureau of Investigation not to proceed further in conducting a lie-detector and brain mapping test on the Satyam Computer Services former chairman, Mr B. Ramalinga Raju, and his associates, Mr Rama Raju and Mr Vadlamani Srinivas, in the multi-crore scam till Wednesday.

The court was dealing with separate petitions filed by Mr Ramalinga Raju and his associates challenging the permission accorded by a lower court to the CBI for conducting the tests on them.

Mr C. Padmanabha Reddy, senior counsel, who
appeared on behalf of the petitioner strongly opposed the tests contending that they are highly invasive. While citing a judgment of the Supreme Court on conducting these tests, he said some investigators carried out the narcoanalysis and brain mapping tests without the consent of the accused. Mr Reddy argued before Justice G. Bhavani Prasad, that the CBI wanted to know the code of the personal computer used by Mr Ramalinga Raju through these tests.

“It can be done if it is voluntary and not through coercion. You cannot ask a person to be a witness against himself,” he contended. Mr Padamanabha Reddy told the court that one case was pending before a division bench of this court and another before the SC with regard to conducting narco tests. Till the final outcome of these cases the court cannot permit any agency to conduct tests against any accused in any case.

Mr T. Niranjan Reddy, special public prosecutor for the CBI, told the court the agency would not use the information that it got through the tests against the accused. Moreover, it would not be admissible in the court, he added.

Thursday, July 30, 2009

AP High Court quashes plea against Satyam’s CLB nominees

By S A Ishaqui

Hyderabad,July 28: The AP High Court, on Tuesday, dismissed an appeal filed by Mr Manoharlal Sharma, a Supreme Court advocate, challenging an order passed by the Company Law Board to supersede the management board of Satyam Computer Services.

Justice V.V.S. Rao, the judge designated to hear cases arising out of the Companies Act, dismissed the case at the stage of admission. This must have come as a great relief to the Solicitor-General of India, Mr Gopala Subramaniam and Additional Solicitor-General, Mr Ravindran, who had rushed from Delhi on Sunday night on the instructions of the Prime Minister’s Office to appear in the case.

The petitioner challenged the Company Law Board’s (CLB) order that permitted the induction of a new investor in scam-hit Satyam Computers.

In another order, the high court directed the state government to maintain status quo on an order issued for the cancellation of the agreement with Maytas Infra Pvt Ltd to execute the proposed Hyderabad Metro Rail Project, till further orders

Tuesday, July 28, 2009

AP High Court to hear plea on CLB action

By S A Ishaqui

Hyderabad,July 27: The solicitor general, Mr Gopal Subramaniam, has rushed from Delhi to appear in the hearing of a petition filed in the AP High Court against the order of the Company Law Board to supersede the board of scam-tainted Satyam Computers.
It is said that the Prime Minister’s Office had expressly instructed Mr Subramaniam to argue against the petition which will be taken up on Tuesday.
The petition was filed by Mr Manohar Lal Sharma, an advocate of the Supreme Court, challenging the order issued on February 19, 2009, facilitating the ministry of corporate affairs to suspend the existing board and to appoint a new board of directors. Based on the Company Law Board’s direction, the Centre had appointed new directors.
Mr Sharma had earlier filed a petition in the Delhi High Court and it was dismissed on the point of jurisdiction.
According to the petitioner, his aim in filing the petition was to decide key legal issues in the interest of law and justice.
His posers are whether Sections 397 and 398 can be applied without concluding Section 388 (b) of the Companies Act and whether a disputed letter (the confession of ex-Satyam boss Ramalinga Raju) can be made the basis for proceedings under Section 397 and 398 of the Act.
Mr Sharma also wants the court to clarify whether the power to amend a law belongs Parliament or to the Company Law Board and whether it can overstep provisions of Section 81 (1A) as well as Section 94 of the Act against the interest of the investor.
The High Court issued a notice to the ministry of corporate affairs which informed the PMO about the case.
The PMO in turn instructed the solicitor- general to personally appear.

Friday, July 24, 2009

Satyam trio against lie, brain tests

By S A Ishaqui
Hyderabad, July 23 : Satyam Computer Services former chairman, Mr B. Ramalinga Raju, his brother, Mr B. Rama Raju, and former CFO, Mr Vadlamani Srinivas, on Thursday approached the Andhra Pradesh High Court against conducting lie detector and brain mapping tests on them.

On July 10, the XIV additional chief metropolitan magistrate had allowed the CBI to conduct lie detector and brain mapping tests on the trio in connection with multi-crore Satyam fraud. The CBI has been granted eight weeks to conduct the test on them in Hyderabad.

Mr Ramalinga Raju and his associates filed separate revision petitions challenging the lower court’ s order. They contended that the reasons and findings recorded by the lower court while permitting the CBI for tests are perverse.

Friday, June 26, 2009

New court to probe Satyam case

By S A Ishaqui


Hyderabad,June 25: The Andhra Pradesh High Court on Thursday agreed in principle to set up a special court for speedy trial of the Satyam fraud case. The full court, which met here led by the Chief Justice Anil R. Dave, approved the setting up of the special court after a request from the CBI. Earlier, the judges committee had cleared the proposal. Now it is the turn of the state government to sanction the budget for the court.

Thursday, June 4, 2009

AP High Court seeks information on Satyam probe

By S A Ishaqui

Hyderabad,June 3: The AP High Court on Wednesday asked the Centre to submit a report on the progress of investigation into the multi-crore accounting fraud of Satyam Computers within four weeks.

A division bench comprising the Chief Justice, Mr Anil R. Dave and Justice Ramesh Ranganathan was dealing with a petition filed by Ms T.H. Sowbhgya Lakshimi, a practising advocate, seeking a direction to appoint a judicial commission to probe into the fraud.

Mr A. Rajasekhar Reddy, assistant solicitor general, while arguing the case told the court that various agencies of the Centre including Sebi, the Serious Fraud Investigation Office, the enforcement directorate and the Central Bureau of Investigation are already investigating the case.

He contended that there was no need for a judicial commission to probe the case as several agencies are on the job already.
The court said it is not inclined to pass any interim order and it would like to know the progress of the investigation. The court directed Mr Reddy to file an affidavit on the progress of the probe.

Ms Lakshimi urged the court to appoint a judicial commission with officers from the departments concerned and representatives from the Bar.

The petitioner also prayed to direct the ministry of corporate affairs set up a commission of inquiry under Section 3 of the Commissions of Inquiry Act, 1952.

Saturday, March 14, 2009

Satyam'Rajas' in or out of jail

By S A Ishaqui

Hyderabad, March 13 : Though disgraced former chief of Satyam Computers B Ramalingaraju and associates are in CBI custody, they are nonetheless being treated breakfast, dinner, lunch etc only the rich and the famous could afford.

The hosts being the government appointed chefs in the Dilkusha guest house. Lest the tainted get infected, the chefs have also been taking special care in providing them with mineral water bottles and treating them with steaming chai (tea) at regular intervals. Does it make any difference whether one is in custody or outside?

The CBI on Friday informed the AP High Court through a three-page report that the accused have been served breakfast, lunch and dinner prepared by the cooks appointed by the state government at the guest house to serve the dignitaries and officials and the guests.
The CBI told the court that Raju and his associates were provided mineral water and five times tea in day.
Based on the suggestion of the city police, they have put three lock-up rooms at the City Central Crime Station at Saifabad. Five of the accused were accommodated with two sharing one room each and one in the remaining room.
According to the report every day the accused have been taken to the guest house before 7 am and allowed them to have their bath and brush at the guest house. After the breakfast the officials began questioning in the presence of their counsels.
The CBI submitted the court that each of the accused was provided with more than three bed sheets and blankets.
Mr T Niranjan Reddy counsel for the CBI informed the court that they have been served the dinner at the guest before leaving to their night stay at lock-up , they have provided a mineral water bottle each of them for their consumption at the cell,