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« SEBI team finds Raju’s house locked

A Securities and Exchange Board of India (SEBI) team probing a financial fraud in Satyam [Get Quote] Computer on Friday reached founder Ramaling Raju’s house here, but returned as the premises was locked.

Sources said the team, was also expected to go to Satyam headquarters again, and a notice has been issued from SEBI’s Mumbai office asking Raju to appear before it.

The SEBI team had first gone to Satyam office in Hyderabad on Thursday in connection with a probe ordered by the market regulator on Wednesday.

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One commentto “SEBI team finds Raju’s house locked”

  • January 9, 2009
    Vaibhav wrote

    Run baby run.. Nothing new.. None will be punished.. My gut again :P

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