CBI to file charge sheet against Satyam on Apr 9

Posted By: Staff
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New Delhi, Apr 3: On Apr 9 the Central Bureau of Investigation (CBI) will file the first charge sheet concerning the Satyam Fraud.

'We are going to file the first charge sheet on April 9,' CBI director Ashwini Kumar told reporters.

The CBI had commented earlier on how the arrested, which included the company founder Ramalinga Raju, his brother Ramaraju and the financial officer Srinivas Vadlamani, were not 'sharing everything' on the scam. This may force the CBI to subject the brother Rama Raju to narco analysis.

This 1.5 billion dollar fraud rose up in January 2009 when Ramalinga Raju confessed faking accounts and inflating profits over the recent years.

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