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Rediff News  All News  » Business » Court extends Ramalinga Raju's remand by 14 days

Court extends Ramalinga Raju's remand by 14 days

July 22, 2009 18:45 IST

A local court in Hyderabad on Wednesday extended the judicial remand of B Ramalinga Raju and other accused in the multi-crore rupee fraud in Satyam Computer Services by 14 days.

The XIV additional chief metropolitan magistrate extended the remand of Satyam founder Ramalinga Raju, his brother Rama Raju, ex-CFO Vadlamani Srinivas, former auditors of Price Waterhouse S Gopapalakrishnan and Talluri Srinivas, and three former employees of the firm till August 5.

The accused, who have been lodged in the Chanchalguda jail, were produced before the magistrate.

Another accused in the case, Suryanarayana Raju, who is on an anticipatory bail, also appeared in the court.

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