New Delhi: Unable to stick to the time frame to complete proceedings in the trial against former Satyam chief B Ramalinga Raju and nine others accused in the multi-crore Satyam accounting fraud case, CBI has approached the Supreme Court seeking more time to complete the task.
In an interim application filed by the investigating agency, the CBI submitted that it would complete the trial proceedings by the end of October.
While cancelling the bail of Raju, the apex court had directed the agency to complete the proceedings by the end of July.
Besides Raju, his brother B Suryanarayana Raju, Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former employees G Ramakrishna, D Venkatpathi Raju and Srisailam, former PwC auditors Subramani Gopalakrishnan, T Srinivas and Satyam's former internal chief auditor V S Prabhakar Gupta, have been made accused in the case....more
10:42 AM, Sep 18, 2011
Gurgaon: Citibank has terminated services of 7 employees at its Gurgaon branch, where Rs 460 crore fraud was detected last year. "Following disciplinary procedures, services of a few employees of our Gurgaon branch have been terminated," a Citibank spokesperson said on Tuesday. These employees were reportedly under suspension ever since the fraud came to light. Police Commissioner (Gurgaon) S S Deswal said that seven Citibank employees have been terminated but...
10:53 PM, Mar 08, 2011