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Ramalinga Raju walks free after 32-month stay in jail
Ramalinga Raju, former Chairman and Founder of Satyam Computers Services Ltd and his brother Rama Raju were granted bail by the Supreme Court on Nov 4, 2011 in the multi-crore accounting fraud.
The 56-year-old, Ramalinga Raju shocked corporate India by admitting to the fraud within the IT major. Both brothers were arrested in 2009 and were accused of nation's biggest corporate fraud scam allegedly to the tune of Rs 14,000 crore. [Read: The complete details on Ramalinga Raju]
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Story first published: Thursday, December 29, 2011, 19:22 [IST]