The CBI found all accused guilty of conspiracy and criminal charges in the Satyam scam case
-
The CBI Special Court in Hyderabad today said that former Chairman of Satyam Ramalinga Raju has been found guilty in the Rs 14,000-crore Satyam scam, according to a news on TV channel.
The CBI found all accused guilty of conspiracy and criminal charges in the Satyam scam case. The court would pronounce the sentence on April 10.
Raju has been faced charges of forgery, criminal conspiracy and breach of trust.
The CBI claimed that Satyam scam caused Rs. 14,000 crore loss to Satyam shareholders.
The case which rocked India Inc and led to a massive upheaval in the software and Information Technology Enabled Service (ITES) industry in the country was investigated by the Central Bureau of Investigation.
During the last hearing on March 9, Special Judge BVLN Chakravarthi said, "On April 9, the judgement will be pronounced. I am making it very clear. April 9 will be the final date for the verdict. No question of further adjournments. Court will not wait."
-
No comments:
Post a Comment