Raju to be produced in court.

 Disgraced ex-Chairman of Satyam Computers, B Ramalinga Raju, and his brother and former director Rama Raju will be produced before a court on Saturday. The Rajus, who were questioned by the police early this morning after overnight interrogation, would also be questioned by a SEBI team in the Rs 7,000 crore fraud. 

SEBI, which served summons to Ramalinga Raju yesterday, is now likely to question him in CID custody. According to Raju’s lawyer, he would appear before SEBI officials at 4 pm on Saturday. 

Inspector General (Economic Offences Wing) VSK Kaumudi yesterday told reporters that they would seek police custody of the brothers when they are produced before the court on Saturday. He said they were arrested on the basis of a complaint filed by an investor. Kaumudi said they came to the DGP’S office and they have been arrested in connection with the business of Satyam Computers. 

“They are now in CID custody and they will be produced before the court sometime tomorrow,” he said yesterday. 

Kaumudi said the interrogation is going on and “we have filed a case against the former chairman (Ramalinga Raju) and the director (Rama Raju)”. 

Kaumudi was talking to reporters hours after the two high profile albeit tainted brothers were arrested in connection with the about Rs 7,000 crore financial fraud in the company. 

He said a case has been registered against Ramalinga Raju and Rama Raju and others under Section 120B (criminal conspiracy), 420 (cheating), 406, 467 and 427 (criminal breach of trust, forgery and using forged documents as genuine). 

Kaumudi said all the sections under which the FIR has been filed against the two brothers are non-bailable. 

Raju brothers have been booked fewer than five Sections that include IPC Section 120B for criminal conspiracy, Section 420 for cheating, Section 468 for forgery, Section 409 for criminal breach of trust and Section 471 for falsification of records. 

Meanwhile, Raju was attended by a team of doctors after he complained of uneasiness, his lawyer revealed. A cardiologist from Care Hospital was called to examine Ramalinga Raju after midnight following a request from his lawyer S Bharat Kumar, who claimed that the former Satyam chief was having pain in chest. 

In the meantime, a small group of supporters of Raju gathered in front of the DGP office shouting slogans against his arrest. A band of about 25 supporters chanted slogans in Telugu – ‘Raju Zindabad’ and ‘Don’t Arrest Raju’. 

 Disgraced ex-Chairman of Satyam Computers, B Ramalinga Raju, and his brother and former director Rama Raju will be produced before a court on Saturday. The Rajus, who were questioned by the police early this morning after overnight interrogation, would also be questioned by a SEBI team in the Rs 7,000 crore fraud. 

SEBI, which served summons to Ramalinga Raju yesterday, is now likely to question him in CID custody. According to Raju’s lawyer, he would appear before SEBI officials at 4 pm on Saturday. 

Inspector General (Economic Offences Wing) VSK Kaumudi yesterday told reporters that they would seek police custody of the brothers when they are produced before the court on Saturday. He said they were arrested on the basis of a complaint filed by an investor. Kaumudi said they came to the DGP’S office and they have been arrested in connection with the business of Satyam Computers. 

“They are now in CID custody and they will be produced before the court sometime tomorrow,” he said yesterday. 

Kaumudi said the interrogation is going on and “we have filed a case against the former chairman (Ramalinga Raju) and the director (Rama Raju)”. 

Kaumudi was talking to reporters hours after the two high profile albeit tainted brothers were arrested in connection with the about Rs 7,000 crore financial fraud in the company. 

He said a case has been registered against Ramalinga Raju and Rama Raju and others under Section 120B (criminal conspiracy), 420 (cheating), 406, 467 and 427 (criminal breach of trust, forgery and using forged documents as genuine). 

Kaumudi said all the sections under which the FIR has been filed against the two brothers are non-bailable. 

Raju brothers have been booked fewer than five Sections that include IPC Section 120B for criminal conspiracy, Section 420 for cheating, Section 468 for forgery, Section 409 for criminal breach of trust and Section 471 for falsification of records. 

Meanwhile, Raju was attended by a team of doctors after he complained of uneasiness, his lawyer revealed. A cardiologist from Care Hospital was called to examine Ramalinga Raju after midnight following a request from his lawyer S Bharat Kumar, who claimed that the former Satyam chief was having pain in chest. 

In the meantime, a small group of supporters of Raju gathered in front of the DGP office shouting slogans against his arrest. A band of about 25 supporters chanted slogans in Telugu – ‘Raju Zindabad’ and ‘Don’t Arrest Raju’.