The Indian Herald

The Indian Herald

January 9, 2009

Former Satyam chief Ramalinga Raju arrested

The former Chairman of Satyam Computers, B Ramalinga Raju, who is the prime accused in the Rs 7000 crore fraud, was arrested in Hyderabad on Friday night.

The disgraced ex-chief of Satyam was on the run ever since the huge financial scam had come to light. Technically, Raju first surrendered before the police. He was subsequently arrested.

The Crime Investigations Department (CID) has registered case against him. The cases registered aginst him include cheating, forgery and criminal conspiracy. His brother was also taken in custody.

The Hyderabad police are interrogating him. A strong crowd gathered when the police took him in custody. Raju would now be produced in the court on Saturday and the police would seek his remand.

Herald Bureau

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