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All 10 accused, including B Ramalinga Raju, in the multi-crore accounting fraud Satyam case were found guilty on Thursday by a special court in Hyderabad.The quantum of sentenced would be pronounced on Friday.
In This Pic : B ramalinga raju
Pic Courtesy : PTI
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During the last hearing on March 9, special judge BVLN Chakravarthi said, "On April 9, the judgment will be pronounced. I am making it very clear. April 9 will be the final date for the verdict. No question of further adjournments. Court will not wait."
In This Pic : B ramalinga raju
Pic Courtesy : BCCL
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Touted as the country's biggest accounting fraud, the scam had come to light on January 7, 2009, after the firm's founder and then chairman B Ramalinga Raju allegedly confessed to manipulating his company's account books and inflating profits over many years to the tune of crores of rupees.
In This Pic : B ramalinga raju
Pic Courtesy : BCCL
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Raju was arrested by Andhra Pradesh Police's crime investigation department two days later after he allegedly confessed to the fraud, along with his brother Rama Raju and others.All the 10 accused in the case are currently out on bail.
In This Pic : B ramalinga raju
Pic Courtesy : BCCL
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Around 3,000 documents were marked and 226 witnesses examined during the trial that began nearly six years ago.
In This Pic : B ramalinga raju
Pic Courtesy : BCCL
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