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Satyam Ramalinga Raju granted bail

By   /  May 11, 2015  /  No Comments

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On Monday, Nampally Court has allowed contingent safeguard to Satyam Computers Services Ltd founder- chairman B. Ramalinga Raju, his sbrother B. Rama Raju and eight others.

An personal bond measure of Rs. 1 Lakh has additionally been issued for B. Ramalinga Raju and B. Rama Raju while Rs 50, 000 has been issued for the others included for the situation. The nearby court allowed safeguard in view of the claim recorded by B Ramalinga Raju and nine other people who looked for the suspension of their sentence in the multi-crore rupee accounting extortion.


Raju and nine different convicts including his brother are as of now held up in Cherlapally Central Prison and documented the offer in the court on Monday, testing the sentence and fine forced by the Additional Chief Metropolitan Magistrate Court (ACMM) in the Rs 7,000-crore outrage that came into spotlight in 2009.


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