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<keyword id="10958" type="CITY" weightage="80" keywordseo="Satyam">Satyam</keyword> Computers founder <keyword id="41263" type="PERSON" weightage="80" keywordseo="Ramalinga-Raju">Ramalinga Raju</keyword>, his brother <keyword id="8810" type="PERSON" weightage="80" keywordseo="Rama-Raju">Rama Raju</keyword> and eight others were granted bail on Monday by a metropolitan sessions court. The court also suspended their seven-year rigorous imprisonment sentence in the multi-crore rupee accounting fraud in the erstwhile IT firm. 
 
They had been taken into custody barely a month ago after the conviction in the trial court. 
While Ramalinga Raju and Rama Raju will have to give a surety of Rs 1 lakh, the eight others will have to cough up Rs 50,000 each. 
 
The court on Friday had deferred its order to Monday, on an application filed by Mr Raju and nine others, seeking suspension of their sentence and fines imposed on them in the multi-crore rupee accounting fraud. 
 Mr Raju, the kingpin of the scam that ran into crores, and nine other convicts, currently lodged in Cherlapally Central Prison had challenged their conviction, besides sentences and fines imposed by the <keyword id="2847183" type="ORGANIZATION" weightage="80" keywordseo="Additional-Chief-Metropolitan-Magistrate-Court">Additional Chief Metropolitan Magistrate Court</keyword> (ACMM) in the over Rs 7,000-crore fraud that came to light in 2009. 
 On April 9, the ACMM court, which tried the Satyam corporate fraud case probed by the <keyword id="6354889" type="ORGANIZATION" weightage="80" keywordseo="Central-Bureau-of-Investigation">Central Bureau of Investigation</keyword> (CBI), sentenced Mr Raju and others to seven years' rigorous imprisonment for criminal conspiracy and cheating, among other offences. 
 
It had also imposed Rs 5.35 crore fine on Mr Raju and his brother Rama Raju while others were fined Rs 25 lakh each.

Hail the Bail! Now Former Satyam Founder Ramalinga Raju, 9 others granted bail after suspension of court sentence

A special <keyword id="6362306" type="ORGANIZATION" weightage="80" keywordseo="CBI-court">CBI court</keyword> on Thursday held <keyword id="10958" type="CITY" weightage="80" keywordseo="Satyam">Satyam</keyword> founder and <keyword id="6364480" type="POSITION" weightage="80" keywordseo="Chairman">chairman</keyword> B <keyword id="41263" type="PERSON" weightage="60" keywordseo="Ramalinga-Raju">Ramalinga Raju</keyword> guilty in the multi-crore accounting fraud, sentencing him to 7 years of rigorous imprisonment. The court also imposed a fine of Rs 5 crore on Raju. 
 
Raju who has already spent over 30 months in jail had urged the court to be lenient with the sentencing, citing health grounds. 
 
The scam surfaced in January, 2009, after Raju, Satyam's then chairman, allegedly confessed to manipulating his company's account books and inflating profits over many years. Around 3,000 documents were marked and 226 witnesses examined during the trial that began nearly six years ago. 
 Beside Raju, the others found guilty in the case are, his brother and Satyam's former <keyword id="24973" type="POSITION" weightage="80" keywordseo="managing-director">Managing Director</keyword> B <keyword id="8810" type="PERSON" weightage="80" keywordseo="Rama-Raju">Rama Raju</keyword>, <keyword id="2757273" type="POSITION" weightage="80" keywordseo="former-Chief-Financial-Officer">former Chief Financial Officer</keyword> <keyword id="272047" type="PERSON" weightage="80" keywordseo="Vadlamani-Srinivas">Vadlamani Srinivas</keyword>, former <keyword id="66728" type="CITY" weightage="80" keywordseo="PricewaterhouseCoopers">PricewaterhouseCoopers</keyword> (PwC) auditors <keyword id="263551" type="PERSON" weightage="80" keywordseo="Subramani-Gopalakrishnan">Subramani Gopalakrishnan</keyword> and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam and Satyam's former <keyword id="2571205" type="POSITION" weightage="80" keywordseo="internal-chief-auditor">internal chief auditor</keyword> <keyword id="754958" type="COMPANY" weightage="80" keywordseo="VS-Prabhakar-Gupta">VS Prabhakar Gupta</keyword>. 
 Raju and others were charged with offences like cheating, criminal conspiracy, forgery and breach of trust under relevant sections of IPC for inflating invoices and incomes, account falsification, faking fixed deposits, besides allegedly falsifying returns through violation of various <keyword id="6354751" type="COMPANY" weightage="80" keywordseo="Income-Tax">Income Tax</keyword> laws. 
 
While the CBI accused Raju and the others of cheating, breach of trust by way of inflating invoices and incomes in the first and third charge sheets, the second one dealt with the accused allegedly falsifying returns through violation of various IT laws. 
During the trial, the CBI alleged that the scam caused a loss of Rs 14,000 crore to shareholders of Satyam. 
 In January last year, Ramalinga Raju's wife <keyword id="2799808" type="UNKNOWN" weightage="80" keywordseo="Nandini-Raju-and-sons">Nandini Raju and sons</keyword> <keyword id="158777" type="PERSON" weightage="80" keywordseo="Teja-Raju">Teja Raju</keyword> and Rama Raju were among 21 relatives of the ex-Satyam boss who were convicted by a <keyword id="2107210" type="ORGANIZATION" weightage="80" keywordseo="special-court-for-economic-offences">Special Court for Economic Offences</keyword> here for default in Income Tax payment.

Ramalinga Raju sentenced to
7 years in jail, also Rs 5cr fine for committing fraud

Andhra Pradesh is waiting to go for simultaneous polls on April 11 for all its Lok Sabha and Assembly seats. TDP has announced its MP candidates for all the 25 Lok Sabha constituencies. The latest list has made some changes to the list of Assembly seats candidates. Hence we find the party finalizing the complete list of candidates for the state and the national elections. Ashok Gajapathi Raju will field for the TDP from Vizianagaram, Kesineni Srinivas will fight for the party from Vijayawada, Galla Jayadev will contest from Guntur and N Sivaprasad has been nominated by the TDP from Chittoor. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Andhra Pradesh </td><td style="border-left:solid #000000 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Constituency </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Polling Date </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">TDP Candidate Names </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Aruku </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Kishore Chandra Deo </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Srikakulam </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">K Ram Mohan Naidu </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Vizianagaram </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Ashok Gajapathi Raju </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Visakhapatnam </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">MV Sribharat </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Anakapalli </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Adari Anand </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Kakinada </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Chalamalasetty Sunil </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Amalapuram </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">GMC Balayogi </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Rajahmundry </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Maganti Roopa </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Narsapuram </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Vetukuri Venkata Shiva Rama Raju </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Eluru </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Maganti Venkateswara Rao </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Machilipatnam </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Konakalla Narayana </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Vijayawada </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Kesineni Srinivas alias Nani </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Guntur </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Galla Jayadev </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Narasaraopet </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Rayapati Sambasiva Rao </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bapatla </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Sriram Malyadri </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Ongole </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Sidda Raghava Rao </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Nandyal </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Mandra Shivanad Reddy </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Kurnool </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Kotla Surya Prakash Reddy </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Anantapur </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">JC Pavan Reddy </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Hindupur </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Nimmala Kristappa </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Kadapa </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Adinarayana Reddy </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Nellore </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Beedha Masthan Rao </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Tirupati </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Panabaka Lakshmi </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Rajampet </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">D A Sathya Prabha </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Chittoor </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Apr-11 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Siva Prasad </td></tr></tbody></table>

Election 2019: TDP Candidate list for Andhra Pradesh

In what can be considered a huge setback for the erstwhile software company, <keyword id="10958" type="CITY" weightage="80" keywordseo="Satyam">Satyam</keyword>, a special <keyword id="6362306" type="ORGANIZATION" weightage="80" keywordseo="CBI-court">CBI court</keyword> on Thursday held its founder and chairman B <keyword id="41263" type="PERSON" weightage="80" keywordseo="Ramalinga-Raju">Ramalinga Raju</keyword> and nine others guilty in the multi-crore accounting fraud. The court will pronounce the sentence on Friday. 
 
Touted as the country's biggest accounting fraud, the scam had come to light on January 7, 2009, after the firm's founder and then Chairman B Ramalinga Raju allegedly confessed to manipulating his company's account books and inflating profits over many years to the tune of crores of rupees. 
 Raju was arrested by <keyword id="37102" type="COMPANY" weightage="80" keywordseo="Andhra-Pradesh">Andhra Pradesh</keyword> Police's <keyword id="6451278" type="ORGANIZATION" weightage="80" keywordseo="Crime-Investigation-Department">Crime Investigation Department</keyword> two days later after he allegedly confessed to the fraud, along with his brother Rama Raju and others. 
 
Around 3,000 documents were marked and 226 witnesses examined during the trial that began nearly six years ago. 
 Beside Ramalinga Raju, the other accused are, his brother and Satyam's former <keyword id="24973" type="POSITION" weightage="80" keywordseo="managing-director">Managing Director</keyword> B Rama Raju, former Chief Financial Officer <keyword id="272047" type="PERSON" weightage="80" keywordseo="Vadlamani-Srinivas">Vadlamani Srinivas</keyword>, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam and Satyam's former <keyword id="2571205" type="POSITION" weightage="80" keywordseo="internal-chief-auditor">internal chief auditor</keyword> <keyword id="626096" type="PERSON" weightage="80" keywordseo="V-S-Prabhakar-Gupta">V S Prabhakar Gupta</keyword>. Raju and others were charged with offences like cheating, criminal conspiracy, forgery and breach of trust under relevant sections of IPC for inflating invoices and incomes, account falsification, faking fixed deposits, besides allegedly falsifying returns through violation of various <keyword id="6354751" type="COMPANY" weightage="80" keywordseo="Income-Tax">Income Tax</keyword> laws. 
 
In February 2009, the CBI took over the investigation and filed three charge sheets (on April 7, 2009, November 24, 2009 and January 7, 2010), which were later clubbed into one. 
 
The first two charge sheets dealt with the account fudging by Raju with the assistance of nine others, while the third charge sherelates to "violation" of various Income Tax rules. 
 
While the CBI accused Raju and the others of cheating, breach of trust by way of inflating invoices and incomes in the first and third charge sheets, the second one dealt with the accused allegedly falsifying returns through violation of various IT laws. 
 
During the trial, the CBI alleged that the scam caused a loss of Rs 14,000 crore to shareholders of Satyam, while the defence countered the charges saying the accused were not responsible for the fraud and all the documents filed by the central agency relating to the case were fabricated and not according to the law. 
 The <keyword id="6357808" type="ORGANIZATION" weightage="80" keywordseo="Enforcement-Directorate">Enforcement Directorate</keyword> had also filed a charge sheet against them under Prevention of <keyword id="6355008" type="UNKNOWN" weightage="80" keywordseo="money-laundering">Money Laundering</keyword> Act. 
 In January last year, Ramalinga Raju's wife <keyword id="2799808" type="UNKNOWN" weightage="80" keywordseo="Nandini-Raju-and-sons">Nandini Raju and sons</keyword> <keyword id="158777" type="PERSON" weightage="80" keywordseo="Teja-Raju">Teja Raju</keyword> and Rama Raju were among 21 relatives of the ex-Satyam boss who were convicted by a <keyword id="2107210" type="ORGANIZATION" weightage="80" keywordseo="special-court-for-economic-offences">Special Court for Economic Offences</keyword> here for default in Income Tax payment. 
 Last year, on December 8, Ramalinga Raju, Rama Raju, Vadlamani Srinivas and former director <keyword id="125006" type="PERSON" weightage="80" keywordseo="Ram-Mynampati">Ram Mynampati</keyword> were sentenced to six months jail term and fined by the Special Court for Economic Offences in connection with complaints filed by <keyword id="107956" type="ORGANIZATION" weightage="80" keywordseo="Serious-Fraud-Investigation-Office">Serious Fraud Investigation Office</keyword> (SFIO) for violation of various provisions of the Companies Act.

Ramalinga Raju, 9 others 'guilty' of fraud. Sentencing on Friday

Lok Sabha Election 2019 Candidate List for Andhra Pradesh

A special court will deliver its verdict in <keyword id="74971" type="UNKNOWN" weightage="20" keywordseo="Satyam-fraud-case">Satyam fraud case</keyword> on March 9, 2015. Special <keyword id="2655311" type="UNKNOWN" weightage="20" keywordseo="Judge-BVLN-Chakravarthi">Judge BVLN Chakravarthi</keyword> deferred the judgment, owing “voluminous documents.” 
 
“You know the volume of the case…it requires some more time (to study). You may be satisfied or not (with the outcome), but I must satisfy myself (before coming to a conclusion). Typing of the judgement itself needs 2-3 weeks,” the judge said. 
 
Satyam Computers founder and erstwhile chairman B Ramalinga Raju, his brother and the company’s former managing director B Rama Raju and former chief financial officer Vadlamani Srinivas were present in the court during the hearing. 
 
The others accused in the case are: former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju’s another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and CH Srisailam, and Satyam’s former internal chief auditor VS Prabhakar Gupta. 
 Raju was arrested by the <keyword id="6451278" type="ORGANIZATION" weightage="20" keywordseo="Crime-Investigation-Department">Crime Investigation Department</keyword>, Andhra Pradesh police, after he confessed to the fraud.

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Hail the Bail! Now Former Satyam Founder Ramalinga Raju, 9 others granted bail after suspension of court sentence

BI India Bureau

Ramalinga Raju sentenced to 7 years in jail, also Rs 5cr fine for committing fraud

BI India Bureau

Election 2019: TDP Candidate list for Andhra Pradesh

BI India Bureau

Ramalinga Raju, 9 others 'guilty' of fraud. Sentencing on Friday

BI India Bureau

Lok Sabha Election 2019 Candidate List for Andhra Pradesh

BI India Bureau

Verdict In Satyam Case To Be Delivered On March 9

BI India Bureau

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