Satyam case: Court refuses to postpone hearing

Posted By: Samyuktha
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Satyam Computers
Hyderabad, Sep 24: Citing that the deferment petitions were without merit, a special court on Friday, Sep 24 refused to postpone the hearing in multi-crore Satyam accounting fraud case.

The petions were filed by former Chief Financial Officer Vadlamani Srinivas, and two former Satyam employees D Venkatapathi Raju, Senior Manager (Finance) and Ch Srisailam, Assistant Manager, on Tuesday, Sep 14 on the grounds that the CBI probe was still pending and the agency is still to file the fourth chargesheet.

However, the XXI Additional Chief Metropolitan Magistrate (ACCM) court agreed with CBI"s Special Public Prosecutor K Surender's arguments and dismissed the pleas.

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