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Home > News > India News > Article > Satyams Raju in jail but still chairman

Satyam's Raju in jail, but still chairman

Updated on: 14 January,2009 07:01 AM IST  | 
Agencies |

He may be lodged in Chanchalguda jail in Andhra Pradesh on charges of criminal conspiracy and fraud, but Satyam on its official website is still presenting B Ramalinga Raju to the world as its chairman along with all the members of the board, which has been since disbanded.

Satyam's Raju in jail, but still chairman

He may be lodged in Chanchalguda jail in Andhra Pradesh on charges of criminal conspiracy and fraud, but Satyam on its official website is still presenting B Ramalinga Raju to the world as its chairman along with all the members of the board, which has been since disbanded.

Satyam is still to log out Raju, his brother and other members of his top management team, despite his quitting as chairman on January 7 after admitting to a Rs 7,800 crore financial fraud.

His brother Rama Raju, who is also in the jail, is still being presented as the managing director and member of the board of the scam-tainted company on its official website. The resignations were followed by the central government's stepping in to disband the company's board.




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