Monday, November 25, 2024
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Satyam: Ramalinga Raju goes back to prison

Former Satyam chairman B Ramalinga Raju surrendered before a court here on Wednesday after his ?more time? plea was rejected by the Supreme Court. He will be taken to the Chanchalguda jail.

Raju and five other accused in the case decided to surrender before the magistrate after attending the court proceedings in the morning.

Raju will be returning to the Chanchalguda jail after a gap of 11 months. However, it is uncertain if he will be given his old furnished cell with a cot, mattress, a table, a chair and also a separate bathroom.

His surrender comes as a result of a directive of the apex court asking him to surrender on Nov 10. Raju had appealed to the Supreme Court to extend the date for his surrender on health grounds.

However, on Tuesday, the Supreme Court refused to extend the date for his surrender.

In one of the biggest corporate fraud of India, Raju was arrested in Jan 2009 for involvement in accounting scam worth over Rs 7000 crore.

Earlier this month, the Satyam financial scam main accused was discharged from Nizam?s Institute of Medical Sciences (NIMS) hospital in Hyderabad where was admitted for the better half of his jail tenure.

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