Satyam scam: Ramalinga Raju gets 7 years in jail
Satyam founder, brother fined up to Rs5.5 crore each; eight others also get rigorous imprisonment.
Explanation in simple terms
- What:
- The court convicted B. Ramalinga Raju and others for their role in a large accounting fraud.
- Who:
- The Central Bureau of Investigation acted as the prosecuting agency, and B. Ramalinga Raju was the convicted person.
- When:
- Reported on 10 Apr 2015.
- Where:
- Telangana.
- Why:
- The court reached this decision due to the crimes related to the Satyam accounting fraud.
- What it means:
- The court sentenced B. Ramalinga Raju to seven years in jail.
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