BAIL TO RAMALINGA RAJU – IN SATYAM FRAUD CASE

BAIL TO RAMALINGA RAJU- IN SATYAM FRAUD CASEThe Andhra Pradesh High Court granted bail to Ramalinga Raju, the prime accused to the India’s biggest corporate scam, Rs.10,000crore Satyam fraud case.

He has been given bail on the condition that he has to remain in Hydrebad till further orders are passed and also asked to submit 2 securities of Rs.20lakhs each.

Earlier the court had granted bail 5 former Satyam computer executives including Ramalinga’s brother.

Report by Alka