10 Jun 2009
HYDERABAD: B Ramalinga Raju, his brother B Rama Raju and Satyam Computers former chief finance officer Vadlamani Srinivas on Tuesday approached the AP High Court challenging the orders of a lower court which permitted the Enforcement Directorate to question them in the Satyam scandal.
It can be recalled the fourteenth additional chief metropolitan magistrate court, Nampally, permitted the ED to question Rajus, V Srinivas and former auditors of Price Waterhouse.
The ED booked a case against them under the provisions of Money Laundering Act. The petitioners contended that the order of the lower court was illegal as the alleged offence against them does not fall under the purview of this Act. The High Court will hear the petition on Wednesday.
Saturday, June 13, 2009
Rajus challenge ED order
Labels:
Corporate India,
Hyderabad,
Maytas,
Satyam News,
Satyam Update,
Tech Mahindra,
Untold Story
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