CBI to file charge-sheet against Raju in Satyam case on 9th Apr

CBI to file charge-sheet against Raju in Satyam case on 9th Apr The CBI will file the charge-sheet on 9th April against Sataym founder B Ramalinga Raju and other accused, which could lead to beginning of trail in the multi-crore accounting fraud case in the IT Company. "We will be filing a charge-sheet on 9th April but the investigations into the case would continue even after that," CBI Director Ashwani Kumar told reporters on the sidelines of the 10th D P Kohli Memorial lecture in New Delhi. The CBI's filing the charge-sheet will block the chances of Raju securing bail from the court. After arresting an accused, the prosecuting agency has to file a charge-sheet within 90 days to prevent the accused from getting the bail. The CBI director said the confession made by Raju would also form a part of evidence in the charge-sheet. "He has given this statement to the Securities Exchange Board of India (SEBI) and it will be treated as his confession," the CBI Director said. (NZ-02/04)

"Loved reading this piece by jyoti ?
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"

Join our Telegram group

Join our Whatsapp group