New Delhi, Saturday 10 Dec 2008: The disgraced Satyam chief, Ramalinga Raju, who was arrested by the Andhra Pradesh CID on Friday night, has been remanded to judicial custody till Jan 23.
Earlier, Raju was produced before the 6th additional chief judicial magistrate Ramakrishna of Nampally Courts after 18 hours of interrogation.
As the courts are closed on Saturday, he was taken to Ramakrishna’s Maredpally residence.
Since his arrest, Raju has been kept at the state police headquarters and a team of doctors has been close at hand. Raju is also said to have undergone some medical tests.
Meanwhile, Satyam employees are optimistic after reconstitution of the board and hope that order will be restored in the company.
Although a copy of the FIR filed by police is not yet available, sources said the FIR is against all people connected with the scam. People have not been named in the FIR, but sources said it could include the independent directors and the auditor, PricewaterhouseCooper.
- By KOL News , Written on January 10, 2009
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