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Raju brothers arrested for forgery, fraud

Ramalinga Raju
New Delhi, Jan 10: Ramalinga Raju, the man behind Satyam fiasco and his brother, Ramaraju were arrested on Friday, Jan 9 night. Notices were issued to the brothers at 8.30 pm after which the brothers surrendered.

"Police questioned the two for more than three hours," said Raju's lawyer Bharat Kumar on Saturday, Jan 10 morning.

The Andhra Pradesh Crime Branch have booked them under Section 120 b (criminal conspiracy), 420 (cheating), 406, 467 and 427 (criminal breach of trust, forgery and using forged documents as genuine), said Bharat Kumar.

Bail applications will be filled in appropriate court.

Meanwhile, a team of doctors examined Raju when he compalined of uneasiness.

&13;OneIndia News (With inputs from Agencies)

Satyam earns revenue of Rs 1830 crore in Q1

Hyderabad, July 20: Satyam computers, a leading global consulting and IT service company, has earned revenue of Rs 1,830 crore, an increase of 26.8 percent and a sequential increase of 2.9 percent, for the first quarter of the financial year 2007-08. While announcing the results of the company for the quarter ended June 30, this year, Satyam Computers Founder and Chairman B Ramalinga Raju said the company's net profit after tax was Rs 378 crore,.....

Satyam earns revenue of Rs 1830 crore in Q1

Hyderabad, July 20: Satyam computers, a leading global consulting and IT service company, has earned revenue of Rs 1,830 crore, an increase of 26.8 percent and a sequential increase of 2.9 percent, for the first quarter of the financial year 2007-08. While announcing the results of the company for the quarter ended June 30, this year, Satyam Computers Founder and Chairman B Ramalinga Raju said the company's net profit after tax was Rs 378 crore,.....
User Comments
Suresh 10 Jan 2009 01:44 pm
Govt should seize all the properties & money of Rajus both in India & abroad. It will be worth morethan 5000 crores as he had bought so much land.
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