NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News  » Business » Raju's sons move court to de-freeze bank a/cs

Raju's sons move court to de-freeze bank a/cs

May 26, 2009 15:39 IST

The family of B Ramalinga Raju, the main accused in the multi-crore fraud at Satyam Computer, has approached a local court seeking a direction to de-freeze bank accounts and return seized electronic items.

In two separate petitions filed in the XIV Additional Chief Metropolitan Magistrate court by the kin of Raju, eldest son and vice chairman of Maytas Infra B Teja Raju urged the court to direct investigating agency CBI to de-freeze three savings accounts in HDFC Bank which were freezed during the course of investigation by Andhra Pradesh CID before handing over the case to the Central Bureau of Investigation.

In his petition, Teja Raju said his firm deals with mega projects including irrigation and laying of roads and being a businessman, "I have to deal with the accounts for maintaining my business."

On mere allegation that funds have been routed through the accounts of Maytas, the bank accounts cannot be seized, Teja Raju urged that the chargesheet filed by the CBI is absolutely silent about the allegation leveled against him.

"My name was included in the case just because I am son of B Ramalinga Raju," he said.

Meanwhile in a separate petition, B Rama Raju, the youngest son and Maytas Properties vice chairman urged return of the electronic articles seized by the CID from his Jubilee Hills residence.

Urging return of seized articles, Rama Raju said the entire chargesheet filed by the CBI is silent with regard to his involvement in the case.

He said his wife is doing MA thesis and study material prepared by her was stored in the laptop and another computer.

She was in need of seized laptop and computer for completing her thesis and submitting the same before the university.

He urged the court to direct the concern authorities to return the articles that include one-1 MA. Apple system, laptop MHK Dell model, two pen drives, DVD R and CPU compact. The case is likely to come up for hearing on June 1 as the judge K Sudhakar is on summer vacation.

© Copyright 2013 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.