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Sify Home >> News >> National >> Newsmakers: Raju out and Madani in

Newsmakers: Raju out and Madani in

Sigh of relief for Raju

Andhra Pradesh High Court granted bail to B Ramalinga Raju, the prime accused in the multi-crore Satyam fraud case.

The court granted conditional bail, asking Raju to make himself available to CBI for any investigations.

The 56-year-old Raju has been in jail since January last year when he admitted to a Rs 7,800-crore accounting fraud in Satyam Computer Services Limited, which he had founded.

Raju has been undergoing treatment for Hepatitis C in the government-run Nizam's Institute of Medical Sciences in Hyderabad for the last nine months.

Text: Sify News Desk

(Photographs copyright PTI, AFP and AP)

Ramalinga Raju gets bail




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