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Raju says ready to face consequences, claims lawyer

Raju says ready to face consequences, claims lawyer
PTI
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First Published: Thu, Jan 08 2009. 10 51 PM IST
Updated: Thu, Jan 08 2009. 10 51 PM IST
Mumbai: Satyam Computer’s former chairman B Ramalinga Raju on Thursday said through his lawyer that he was ready to face any consequences for his action in defrauding the company to the tune of crores of rupees.
Debunking reports that Raju had left the country, his lawyer S Bharat Kumar claimed that he was in Hyderabad and that the Satyam founder was “amenable to the process of law.”
“My client Ramalinga Raju denies reports appearing in a section of media that he is absconding or fled from the country. Raju is very much available in Hyderabad and amenable to the process of law,” Kumar said in a statement.
Raju, in an e-mail through his lawyer, said he is ready to face the consequences and that he will make himself available for probe.
Satyam’s interim CEO Ram Mynampati, however, said at the company headquarters that he had no knowledge of where Raju was but assumed that he must be in Hyderabad.
“Should there a need arise, Raju will make himself available for probe or any legal process by the agencies of the Government,” Kumar said.
When contacted, he said his client had not applied for anticipatory bail and it is for the authorities to initiate action as they deem fit.
“At the cost of reiteration, I make it clear that Ramalinga Raju has no intention to avoid the process of law,” he said.
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First Published: Thu, Jan 08 2009. 10 51 PM IST
More Topics: Satyam | B Ramalinga Raju | IT | Fraud | India |