Satyam Ramalinga Raju Sentenced For 7 Yrs And Fined Rs.5 Crores
Special court that declared Satyam founder Ramalinga Raju guilty of the fraud, has sentenced him to 7 years in jail and fined Rs. 5 crore. The same judgement has been imposed on Ramalinga Raju’s brother Rama Raju. All the others were sentenced to 7 years and afined Rs. 25 lakh each. Arrangements are being made by officials to transit the convicted to Charlapalli Jail. Raju has already spent 33 months in jail in the past.