SEBI seeks permission from SC to quiz Raju

Written by: Super Admin
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New Delhi, Feb 2: Security Exchange Board of India (SEBI) is seeking the Supreme Court's permission to interrogate disgraced ex CEO of Satyam Ramalinga Raju and his brother in connection with Rs, 7,800 crore fudging in the IT giant.

Solicitor General GE Vahanvati submmitted the request before a bench headed by Chief Justice KG Balakrishnan on behalf of SEBI. The matter has been posted for mentioning for Tuesday, Feb 3.

Last week, the Andhra Pradesh High Court had posted SEBI's identical plea for hearing on Feb 9 without giving an ex-parte order allowing the regulator to quiz the Raju brothers. SEBI had moved the high court challenging a lower court order, which denied it permission to interrogate the Raju brothers, who are in judicial custody.

OneIndia News (With inputs from Agencies)

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