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  • 'Raju, brother to be treated like ordinary remand prisoners'

    Hyderabad (PTI): Founder of Satyam Computer, B Ramalinga Raju, who lived like a 'king' before admitting fudging of company accounts to the tune of Rs 7,800 crore, slept on the floor of the Chanchalguda jail here like other ordinary prisoners.

    Raju and his brother Rama Raju, the Managing Director of the company, would be treated as 'C' class prisoners just like any other remand prisoners and there would no special treatment given to them, Additional Director General (Prisons) P Narasimha Reddy said.

    The two Raju brothers were sent to Chanchalguda prison on Saturday on a 14-day judicial remand by a local court here.

    They were produced at the residence of the 6th Additional Chief Metropolitan Magistrate by the state CID, investigating into financial irregularities of the firm after an 18-hour grilling session.

    Both were arrested on Friday night.

    The CID has registered a case against the duo under various sections of the Indian Penal Code (IPC) including 120-B (criminal conspiracy) and 478 (use of forged documents) and filed a 15-page remand report which includes confession of both brothers.

    The duo slept with 28 other inmates accused of crime like theft, dowry harassment and cheating among others.

    As a 'C' class prisoner Raju would be eligible for 650 grams of rice thrice a day and 250 grams of vegetable curry and 125 grams of dal.

    Tea would be served twice a day and there would be no television in the barrack. Only one newspaper would be provided in the entire admission block, the manual stated.

    The company's Chief Financial Officer (CFO) Vadlamani Srinivas was the third top official to be arrested by the Andhra Pradesh CID police on Saturday after disclosure of financial bungling in accounting of the company by its founder Raju on January 7.

    Related stories:

  • Ramalinga Raju sent to judicial custody
  • Probe to cover eight other family firms
  • Raju treated with kid gloves
  • SEBI likely to move court to quiz Raju
  • Raju led the Board of Directors up the garden path
  • Ramalinga Raju surrenders to police
  • Centre disbands Satyam board
  • Satyam takeover not possible for now
  • Government seizes Satyam’s documents
  • SEBI begins probe into Satyam fraud
  • No arrest based on statement, say police
  • Satyam: have the funds been siphoned off?
  • Satyam chief admits to fraud, quits
  • Fraud investigation office to look into case
  • CID probe ordered into Satyam fraud
  • ‘Satyam is India’s Enron’
  • Riding a tiger without knowing to get off: Raju
  • Satyam Chairman B. Ramalinga Raju's statement to the Board


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