Verdict In Satyam Case To Be Delivered On March 9

A special court will deliver its verdict in Satyam fraud case on March 9, 2015. Special Judge BVLN Chakravarthi deferred the judgment, owing “voluminous documents.”

“You know the volume of the case…it requires some more time (to study). You may be satisfied or not (with the outcome), but I must satisfy myself (before coming to a conclusion). Typing of the judgement itself needs 2-3 weeks,” the judge said.

Satyam Computers founder and erstwhile chairman B Ramalinga Raju, his brother and the company’s former managing director B Rama Raju and former chief financial officer Vadlamani Srinivas were present in the court during the hearing.

The others accused in the case are: former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju’s another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and CH Srisailam, and Satyam’s former internal chief auditor VS Prabhakar Gupta.

Raju was arrested by the Crime Investigation Department, Andhra Pradesh police, after he confessed to the fraud.