SC grants bail to 5 Satyam fraud accused
The former Satyam employees, who were granted bail, were its former Internal Chief Auditor V S Prabhakar Gupta besides executives G Ramakrishna, D Venkatpathi Raju and Ch Srisailam. The fifth accused, who got the bail, is PWC`s former auditor Subramani Gopalakrishnan. The five had approached the apex court challenging the August 30 order of Andhra Pradesh High Court which had rejected their bail pleas.
Of the total ten accused in the case, Satyam`s founder B Ramalinga Raju`s younger brother B Suryanarayana Raju and former PWC auditor T Srinivas had already been granted bail by different courts earlier. The prime accused, B Ramalinga Raju and his brother and Satyam`s former MD B Rama Raju, have so far not approached the apex court for bail and are still lodged in Hyderabad`s Chanchalguda Central Prison under judicial custody. The tenth accused in the case is Satyam`s former Chief Financial Officer Vadlamani Srinivas, who too is in judicial custody.