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Satyam scam accused Ramalinga Raju gets bail

Ramlinga Raju
New Delhi, Nov 4: Ramalinga Raju, former chairman and founder of Satyam Computers along with his brother has been granted bail by the Supreme Court.

The CBI on Nov 3 had opposed the bail pleas of Ramalinga Raju and his brother Rama Raju, the main accused in the Rs 14,000 crore corporate fraud.

The CBI also said that if they would be released on bail, there was a possibility of them tampering with evidence.

"Ramalinga Raju is highly influential and if he is released on bail, there is every possibility, almost to a point of certainty, that he would impede and interfere with the process of trial and make every effort to tamper with evidence and delay the trial," the CBI had said in reply to the bail pleas.

OneIndia News

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