This Article is From Aug 18, 2010

Former Satyam chief Ramalinga Raju granted bail

Hyderabad: Former Satyam chief Ramalinga Raju has been granted bail. He was arrested on January 2009 in connection with one of India's biggest corporate scams.

Ramalinga Raju has been in Hyderabad NIMS hospital since September.

The court that granted his bail said he should not be discharged from hospital and his treatment for Hepatitis C should continue

Raju has to present himself before the court every day after discharge from hospital

With Ramalinga Raju getting bail, all the 10 accused in the Satyam case have been granted bail by various courts.

Raju was arrested  last year along with his brother, Rama Raju, for criminal conspiracy, forgery and misappropriation of funds.  The brothers are believed to be at the centre of a 7,800 crore scam.
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