Disgraced Satyam Computer Services founder B. Ramalinga Raju and former chief financial officer Vadlamani Srinivas will remain police custody till Friday evening, a court ruled on Thursday, as prosecutors said Raju had diverted Rs.74 billion (Rs.7,400 crore/$1.48 billion) from his company for personal wealth.
Friday, January 23, 2009
Raju diverted Rs. 74 bn for personal gain: Prosecutor
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