Supreme Court allows SEBI to interrogate Satyam Raju
The Supreme Court on Tuesday allowed market regulator SEBI to interrogate Satyam founder Ramalinga Raju.
A bench headed by Chief Justice K G Balakrishnan directed the Superintendent of Chanchalguda central prison to allow SEBI’s investigating officer Sunil Kumar to question the Raju brothers for three days from Wednesday.
SEBI had moved a local court in Hyderabad seeking permission to interrogate the Raju brothers, but the plea was rejected on technical grounds. When hearing of its appeal in the Andhra Pradesh High Court was repeatedly deferred, SEBI moved the apex court for urgent relief.