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Bailed Satyam founder Raju makes 2nd appearance in Hyderabad court
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B.Ramalinga Raju, the key accused in the Satyam fraud case, made a second appearance before a court on Thursday after being granted bail by the Andhra Pradesh High Court. Raju, who has been diagnosed with Hepatitis-C, said he was fine for the time being. Raju has been hospitalised at the Nizam''s Institute of Medical Sciences in Hyderabad since September 2009.

Raju's lawyer Bharat Kumar said, 'Raju has been given bail on the condition that he will remain in the city till further orders and will have to give two securities of Rs 20 lakh each. He will have to depose before the investigating officer every day once he has been discharged from NIMS. Raju has been charged under various sections of the Indian Penal Code including Section 120B for criminal conspiracy, under Section 409 for breach of trust, under Section 420 for cheating, and under Section 468 and Section 471 for forgery.

Published Date : Friday, Aug 27, 10:56am IST

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