Satyam fraud case: SC grants bail to 5 accused


New Delhi : The Supreme Court on Wednesday gave a conditional bail of six months to former Satyam employees G Ramakrishna, D Venkatpathi Raju, Srisailam, Ramalinga Raju's brother B Suryanarayana Raju, Satyam's former MD B Rama Raju and former PricewaterhouseCoopers (PwC) auditor Subramani Gopalakrishnan in the Rs 617 crore income tax fraud case.


All the accused have been given bail on the a surety bond of Rs 2 lakh each and a warning that they will not try to tamper with the evidences in the case or else their bail would be cancelled.

The Income Tax Department had raised the tax demand on account of the fudged income statements shown by the company since 2002 during the regime of disgraced founding Chairman B Ramalinga Raju.

 
Any Time , Any Where , Any Gossip , Any Request Contact Us Design By : Johnny & Jack
We Remove Blogspot After 1000 Click a Day.