Court sends Rajus, Srinivas to police custody

A local court on Saturday sent Satyam’s tainted founder Ramalinga Raju, his brother Rama Raju and the company’s former CFO Vadlamani Srinivas to four days police custody from Sunday.

The 6th additional chief metropolitan magistrate granted their custody to the state CID police, who had sought seven days detention of them for further questioning.

The Rajus were arrested on 9th January and have been in judicial custody since Saturday last.

Srinivas was arrested on 10th January and sent to judicial remand.

The police had questioned the Rajus on the night of his arrest and sought more time to interrogate him on the Rs 7,800 crore financial fraud he had admitted to in Satyam Computer.

The CID has already searched Raju’s house and his office in Satyam and recovered at least 44 documents.

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