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Satyam Scam Kingpin Ramalinga Raju Challenges Court Verdict

Satyam Scam Kingpin Ramalinga Raju Challenges Court Verdict
Indian former chairman of outsourcing giant Satyam, B. Ramalinga Raju (C), arrives to attend the final judgement of a fraud case against him and nine others at the Metropolitan Criminal Courts in Hyderabad on April 9, 2015. An Indian court on April 9, 2015, sentenced the former chief of outsourcing giant Satyam to seven years in jail over a $2.25 billion accounting fraud scandal dubbed 'India's Enron'. Byrraju Ramalinga Raju, his brother and eight others were found guilty of manipulating Satyam's books in a 2009 case that shook the industry and raised questions about the country's regulators. AFP PHOTO/ Noah SEELAM (Photo credit should read NOAH SEELAM/AFP/Getty Images)
NOAH SEELAM via Getty Images
Indian former chairman of outsourcing giant Satyam, B. Ramalinga Raju (C), arrives to attend the final judgement of a fraud case against him and nine others at the Metropolitan Criminal Courts in Hyderabad on April 9, 2015. An Indian court on April 9, 2015, sentenced the former chief of outsourcing giant Satyam to seven years in jail over a $2.25 billion accounting fraud scandal dubbed 'India's Enron'. Byrraju Ramalinga Raju, his brother and eight others were found guilty of manipulating Satyam's books in a 2009 case that shook the industry and raised questions about the country's regulators. AFP PHOTO/ Noah SEELAM (Photo credit should read NOAH SEELAM/AFP/Getty Images)

Satyam scam kingpin B Ramalinga Raju moved an appeal in a sessions court here today challenging a special court's verdict which found him and nine others guilty in the multi-crore rupee accounting fraud in the erstwhile Satyam Computer Services Ltd (SCSL).

Raju, along with seven others, filed the appeal in the Metropolitan Sessions Court and the matter has been posted for for hearing on April 15 about its maintainability.

"The judgement (of the special court) is legally not sustainable and defence arguments were not considered," V Surender Rao, one of the defence counsel who filed the appeal, said.

On April 9, a special court trying the SCSL accounting fraud probed by CBI, had sentenced Raju and others to seven years rigorous imprisonment after it found them guilty of criminal conspiracy as well as cheating, among other offences in the scam and also imposed a Rs 5.5-crore fine on Raju and his brother Rama Raju.

Raju is now prisoner number 4148 in the Cherlapally Central Prison here, where he has been lodged along with nine others since, April 9.

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