Hyderabad Court allows CBI to conduct tests on Ramalinga Raj

Hyderabad court allowed the CBI probing the multi-crore fraud in the Satyam Computer Services (Satyam) to conduct forensic, lie-detector and brain mapping tests on Satyam founder B Ramalinga Raju and two other accused in the case.

The designated CBI court, while allowing conduct of the tests as sought by the CBI, asked the premier investigating agency to complete the tests within eight weeks and submit its report to the court. 

The court allowed the Defence counsel to be present during the conduct of tests on the Satyam founder, his brother and former Managing Director B Rama Raju and former Chief Financial Officer V Srinivas. 

The court stipulated that the Defence counsel should be informed in a day in advance on the nature of tests to be conducted on the trio.

The CBI, which had filed its chargesheet within 90 days of arrest in April, had sought the court’s permission to conduct these tests to unravel the magnitude of the diversion of funds from Satyam to other front companies by the scam-tainted company. 

Tags :

Published in Corporate Law
Source : ,
Views : 141



IPC Grand Course     |    x