Thursday, April 9, 2009

Satyam scam: Ramalinga Raju and four other accused give specimen signatures

9 Apr 2009, ET Bureau

HYDERABAD: B Ramalinga Raju, the tainted founder of Satyam Computer Services and four other accused in the Rs 7000 crore scam at the IT firm, furnished their specimen signatures at a local court on Thursday.

The city court issued orders to obtain their specimen signatures based on a petition filed by the CBI. The investigating agency sought their signatures as it has proof that the accused forged documents at the beleaguered IT company to inflate accounts and boost revenues. The accused have been charge-sheeted for forgery, besides falsification of records, misappropriation of accounts and destruction of evidence.

Besides Ramalinga Raju, his brother Rama Raju, their former Chief Financial Officer Srinivas Vadhlamani and the two auditors of Price Waterhouse, S Gopalakrishnan and Srinivas Talluri furnished their specimen signatures in the local court today.

Each of them furnished fifty signatures at the court on Thursday. The Local court is expected to issue orders on the bail petitions of the PW auditors on Thursday afternoon.

Ramalinga Raju had in January this year confessed to cooking Satyam's books. He is in judicial custody with the other accused in the scam.

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