satyam raju surrenders to police

Satyam ex chief ramalingam raju and ram raju  has surrendered to Andhra police DGP . Raju to appear before SEBI tomorrow  . Now who is going to take action against him , is it SEBI or andhra police. Former CFO srinivasa vadalamani likely to be arrested on saturday.The raju brothers have been arrested under criminal conspiracy under sections IPC 420,409,120b,468,471

Raju’s wife Nandini has also denied reports in a section of the media that he had flown out of the country. “These are all incorrect reports. He is very much in Hyderabad”, said Nandini, who was not staying at her home in Jubilee Hills area.

There was confusion about his whereabouts with reports suggesting that Raju could be at his farm house at Kompally near Hyderabad or some other place. Ramalinga Raju has not appeared since he announced his resignation on Wednesday admitting massive financial fraud in the company and cooking of account books.

Advertisements

2 Responses

  1. Dear all

    Mr. raju must be punished not Mr.raju who are all involved in this cheating case. this punishment is example that no one should cheat people like this. But Mr.Raju is rich and influence guy, he will come out with his influence, but government should take severe action that that Mr.raju cannot be come out. so that employees of satyam will be happy. i will pray to god that employees of satyam will settled soon

    regards
    manju

  2. Dear all

    Mr. raju must be punished not Mr.raju who are all involved in this cheating case. this punishment is example that no one should cheat people like this. But Mr.Raju is rich and influence guy, he will come out with his influence, but government should take severe action that that Mr.raju cannot be come out. so that employees of satyam will be happy. i will pray to god that employees of satyam will settled soon

    regards
    manju

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: