16 January,2009 05:00 PM IST | | PTI
A local court on Friday said it would hear the bail application of Satyam's Ramalinga Raju and two others on January 19, while reserving the order on sending them to police custody for Saturday.
The 6th Additional Chief Metropolitan Magistrate also reserved the order on a petition by market regulator SEBI seeking its nod to question Raju, his brother Rama Raju and Satyam's former CFO Vadlamani Srinivas to January 19.
The Rajus were arrested on January 9 and while Srinivas was arrested a day later and they have been remanded to judicial custody till January 23.
While the state CB-CID police has sought custody of the three, regulator SEBI too has sought permission to quiz them regarding the Rs 7,800 crore financial fraud disclosed by Ramalinga Raju on January 7.
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A separate probe by the Serious Fraud Investigation Office is also on into the fraud made public by Raju, who said he had been cooking Satyam's accounts for years.
