Satyam fraud case: Supreme Court rejects Ramalinga Raju’s plea

Tuesday, November 9, 2010

NEW DELHI - The Supreme Court on Tuesday rejected the plea of former Satyam chairman B. Ramalinga Raju, seeking extension of tomorrow’s deadline for his surrender.

The apex court had earlier cancelled Raju’s bail and directed him to surrender by November 10.

However, Raju had moved an application seeking extension of this deadline to surrender citing poor health.

The application did not mention as to how much time he needed to surrender. Raju had merely sought reasonable extension.

Raju, the founder of Satyam was arrested in January 2009 for one of India’s biggest corporate scams, worth more than 7000 crore.

The apex court had earlier on October 1 issued notice to Raju on a petition by the CBI seeking cancellation of his bail granted by the Andhra Pradesh High Court.

Raju was granted bail by the Andhra High Court in August.

The CBI believes that Raju may try to tamper with evidence against him and influence witnesses.

He has been charged under various sections of the Indian Penal Code including Section 120B for criminal conspiracy, under Section 409 for breach of trust, under Section 420 for cheating, and under Section 468 and Section 471 for forgery.

Andhra Pradesh Police arrested Raju and his brother Rama Raju on January 9, 2010. Nine other accused, including top company officials and auditors, were also arrested in the case. (ANI)

|Supreme Court upholds Monika Bedi’s conviction in fake passport case|National[New Delhi {New Delhi, Nov 9 (ANI): The Supreme Court on Tuesday upheld the conviction of gangster Abu Salem’s girlfriend actress Monika Bedi in the fake passport case.

The apex court bench rejected Monika’s appeal that she could not be convicted in India as it would amount to ‘double jeopardy’ since she had been convicted by the Portugal court for the same offence.

The apex court bench comprising Justices B Sudershan Reddy and S S Nijjar passed the judgement, while dismissing Monika’s appeal challenging her conviction.

The Supreme Court, however, gave Monika Bedi some relief by reducing her sentence to period of jail term she had already undergone, which is two-and-half years.

The Hyderabad sessions court had earlier sentenced Monika Bedi to five years term, which was later reduced to three years by the Andhra Pradesh High Court.

Monika Bedi was caught in Portugal for travelling on a false passport to the name of Sana Malik Kamal. (ANI)

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