Hyderabad: Hyderabad court on Saturday sent Satyam's disgraced chairman Ramalinga Raju, his brother Rama Raju and the company's former CFO Vadlamani Srinivas to four days in police custody from Sunday till January 22.
The Sixth Additional Chief Metropolitan Magistrate granted their custody to the state CID police, who had sought seven days detention of them for further questioning.
Ramalinga Raju's lawyer Bharat Kumar said "Metropolitan Magistrate granted police custody for Ramalinga Raju, Rama Raju and Srinivas from January 18 10 am to 10 am on January 22."
"Interrogation will take place during the day in the presence of representatives of the accused. Police will not use third degree investigation tactics.The accused should be provided medical treatment if required," he added.
Meawhile on January 16, Raju had made an emotional pitch that the company faced a takeover threat from IBM and their likes, to avert which he wanted the board's support to diversify into other areas.
Network 18 has access to the minutes of the December 16 board meeting where CFO Srinivas Vadlamani and Ram Mynampati justified the acquisition to the board. However, neither Ramalinga Raju nor his brother Ram Raju were present at the meeting.
The Rajus were arrested on January 9 and have been in judicial custody since Saturday last. Srinivas was arrested on January 10 and sent to judicial remand.
The police had questioned the Rajus on the night of his arrest and sought more time to interrogate him on the Rs 7,800 crore financial fraud he had admitted to in Satyam Computer.
The CID has already searched Raju's house and his office in Satyam and recovered at least 44 documents.
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