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THURSDAY, MAY 24, 2012

Hyderabad: A local court on Saturday extended the judicial remand of Satyam Computer’s former chairman B Ramalinga Raju and four other accused till 21 February.

The 6th additional chief metropolitan magistrate extended judicial remand of all the five accused in Rs7,800-crore Satyam fraud case.

The other accused, whose judicial remand was extended on Saturday, are Satyam’s former managing director and Raju’s brother Rama Raju, former CFO Vadlamani Srinivas, Price Waterhouse’s sacked employees S Gopalakrishnan and Talluri Srinivas.

Also Read The Satyam Fiasco (Full Coverage)

It was the fourth extension of the judicial remand of Raju brothers and Vadlamani Srinivas since their arrest last month.

Meanwhile, a second bail petition for S Gopalakrishnan and Talluri Srinivas was filed on Saturday.

Earlier, on 3 February, the court had rejected the bail application of the duo.

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