Thursday, January 7, 2010
Ramalinga Raju and 5 others chargesheeted by CBI after one year
Hyderabad, Jan 7 (PTI) Tainted chairman of Satyam Computers B Ramalinga Raju and five others were chargesheeted by CBI today for allegedly filing false income tax returns resulting in a loss of Rs 126.57 crore to the company and shareholders.
Besides Raju, the others chargsheeted included his brother B Rama Raju, the then CFO V Srinivas, the then Vice President (Finance) G Ramakrishna of Satyam Computers and two auditors of PricewaterhouseCoopers -- S Gopalakrishnan and Talluri Srinivas.
The 30-page chargesheet was filed in a designated court here under sections 120-B (criminal conspiracy), 409 (criminal breach of trust), 420 (cheating), 467 and 468 (forgery for the purpose of cheating), 471 (use of forged documents as genuine) and 477-A (falsification of accounts) of the IPC.
The chargesheet cited 32 documents and 26 witnesses and the entire documentation runs into 3552 pages.
Labels:
Corporate India,
Maytas,
Ramalinga Raju,
Satyam,
Satyam Update,
Untold Story
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