Satyam case verdict deferred till April 9

Satyam case verdict deferred till April 9
Satyam case verdict deferred till April 9
Written by:

The News Minute | March 9, 2015 | 11:40 am IST

A special CBI court here on Monday adjourned pronouncement of the judgment in the multi-crore Satyam scam till April 9.

Special Judge B.V.L.N. Chakravarthi, who was scheduled to pronounce the verdict on Monday, deferred it by a month.

The court on December 23, 2014 had set March 9 as the date for the judgement in country's biggest accounting fraud that left the corporate world stunned in 2009.

All 10 accused, including prime accused B. Ramalinga Raju, the Satyam Computer Services Limited's founder and former chairman, appeared in the court.

Special judge BVLN Chakravarthi had earlier, postponed the verdict to March 9, citing voluminous documents of the case. Around 3,000 documents were marked and 226 witnesses examined during the trial that began around six years ago.

Apart from SEBI and CBI, the Serious Fraud Investigation Office (SFIO) and Enforcement Directorate (ED) have also booked Raju.

With IANS

Related Stories

No stories found.
The News Minute
www.thenewsminute.com