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Friday, January 10, 2014

Satyam Computers Founder B Ramalinga Raju's Wife, Sons get Jail Terms

The Economic Offences Court on Thursday convicted and sentenced to imprisonment ranging from six months to one year 84 directors of 19 companies floated by the relatives and friends of Satyam Computers founder B Ramalinga Raju. Ramalinga Raju's wife Nandini Raju, sons Teja and Rama, and the wives of Ramalinga Raju's younger brothers were among those convicted for evading paying income tax of around Rs 30 crore relating to the Maytas Hill County housing project.

For More information on this story, please visit Times Of India ePaper