New Delhi, Jan 7 (Inditop.com) The Central Bureau of Investigation (CBI) Thursday filed before a Hyderabad court a second charge sheet in the multi-million-rupee Satyam scam against the company’s former chairman B. Ramalinga Raju and other officials.
The 30-page document, filed in the court of additional chief metropolitan magistrate, charges Raju and his then managing director, chief financial officer and vice president (finance) of Satyam Computer Services Ltd under sections 120-B (criminal conspiracy), 409 (criminal breach of trust), 420 (cheating), 467 and 468 (forgery for the purpose of cheating), 471 (use of forged documents as genuine) and 477-A (falsification of accounts) of the Indian Penal Code.
“Two auditors of a Bangalore based private company were also chargesheeted under the same sections,” a CBI spokesman said here.
The charge sheet cited 32 documents and 26 witnesses and the entire documentation runs into 3,552 pages.
The investigating agency filed its first charge sheet in April 2009 and a supplementary charge sheet Dec 24. The CBI said that the scam involved over Rs.14,000 crore (Rs.140 billion/$2.8 billion) and not Rs.7,800 crore (Rs.78 billion) as the company’s disgraced former chairman Raju earlier claimed.
The accounting fraud, which shocked India, came to light Jan 7 last year when Raju quit as Satyam chairman while confessing that he had cooked the company’s accounts and inflated profits over several years.
