New Delhi: Former Satyam Computers chairman and the prime accused in India’s largest ever corporate accounting fraud, B. Ramalinga Raju, has been further accused of trying to wrongly influence the ongoing investigation against him and his accomplices. The Central Bureau of Investigation (CBI) told the Supreme Court on Tuesday that Raju had abused the bail granted him by the Andhra Pradesh High Court by attempting to stifle incriminating evidence in the case. If it is proved that Raju is indeed misusing his bail by trying to meddle in the probe, then the apex court will most likely send him back into custody.
Additional Solicitor General, Harin P. Raval, who appeared for CBI, later repeated the same charge to reporters.
Raju was granted bail in August and CBI moved the Supreme Court against this in September, claiming that Raju was capable of influencing the probe. On 13 September V.V. Laxmi Narayana, the CBI officer heading the investigation had told Mint, “Ramalinga Raju being at large can be detrimental to case. He is a very influential man and can influence the witnesses. So we approached the apex court to cancel his bail.” Many of the witnesses in the case were Raju’s former employees at Satyam Computers according to CBI.
During the bail hearing in Hyderabad, the CBI had told the Andhra Pradesh high court that Raju could tamper with evidence if released. Raval, who had appeared for the agency even then, stressed the size of the fraud and said there were no grounds for granting bail.
The apex court is currently hearing the matter and is expected to take a decision soon.