Satyam case: Bail plea of Raju dismissed

August 30, 2011 12:30

The Andhra Pradesh High Court today dismissed the bail petitions of B Ramalinga Raju and seven other accused in the multi-crore Satyam Computer
accounting fraud. Justice Samudrala Govindarajulu, who completed the
arguments on the bail petitions on August 27, said all the bail applications were dismissed.
Of the 10 accused in the case, B Suryanarayana Raju, who is Raju's brother, and T Srinivas, a former auditor of PricewaterhouseCoopers, had been granted bail by different courts earlier.

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