SPECIAL COURT FOR "SATYAM CASE TRAIL" G.O. NO. 100

By : PJANARDHANA REDDY
 

The Andhra Pradesh government on 3rd Nov ’09 issued G.O NO. 100 for
 setting up a special court of Additional Chief Metropolitan Magistrate
to try the case of multi-crore rupee scam in Satyam Computer Service


The state Cabinet, at its meeting on October 29, approved
the setting up of a special court based on the request of the
Central Bureau of Investigation (CBI) and the recommendation
 of the high court to ensure a speedy trial of the Satyam case.

Accordingly, state Legislative Affairs and Justice Department
secretary R Ramachandra Reddy issued an order today for
setting up the special court.

Required staff for the special court and expenditure would
be Rs.31.60 laks/year the order stated.

In January, Satyam founder B Ramalinga Raju admitted to
cooking up the company's account books for several years,
revealing one of the biggest scams in the Indian corporate history.

The CBI, which took over the investigations into the Satyam
scandal in February, filed the chargesheet against Ramalinga
Raju and others in the 14th additional chief metropolitan
magistrate court. Besides CBI, SFIO and SEBI were also
investigating the Satyam fraud.

The CBI had written a letter to the AP government and the
AP High Court requesting that a special court be established
to try to the Satyam case.