Friday, January 9, 2009

Satyam's Ramalinga Raju surrenders

The disgraced chairman of Satyam Computer Services B Ramalinga Raju has surrendered on late Friday night before the Andhra Pradesh Director General of Police, two days after he confessed to perpetrating a Rs 7,000-crore financial fraud. The CID had registered a case based on Raju's confessional statement.

B Ramalinga Raju tonight surrendered before the Director General of Andhra Pradesh Police S S P Yadav, a police spokesperson said.

"I am prepared to subject myself to the laws of the land and face the consequences thereof" Raju had said in a confessional statement.

Agencies

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