Follow Us:
Sunday, July 22, 2018

Raju’s bail plea deferred till Jan 22

Court deferred hearing on Raju's petition seeking bail and special status in jail to Jan 22.

Written by Agencies | Hyderabad | Published: January 19, 2009 5:07:14 pm

A city court on Monday deferred to January 22 hearing on separate petitions filed by Satyam’s tainted founder Ramalinga Raju seeking bail and special status in jail and another filed by market regulator SEBI seeking custody of Raju and two others.

The 6th additional chief metropolitan magistrate will take up hearing of Raju’s plea for bail as also special status in jail on Thursday as he is in police custody till then.

The plea of SEBI for a day’s custody would also come up on that day when his custody with the police ends.

The court had sent Raju,his brother Rama Raju and Satyam’s former CFO Vadlamani Srinivas to police custody to facilitate a probe into the Rs 7,800 crore financial fraud disclosed by the IT firm’s founder on January 7.

For all the latest News Archive News, download Indian Express App