The Supreme Court today granted bail to PriceWaterhouseCoopers auditor Srinivas Talluri who was arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju and other aides. A bench headed by Chief Justice K G Balakrishnan directed Talluri to furnish a personal bond of 20 lakh rupees and two sureties of like amount. While granting bail to Talluri, the bench, also comprising Justices J M Panchal and B S Chauhan, directed him to make his appearance twice a month before the CBI and not to leave Hyderabad without informing the investigating agency.Talluri's passport has already been impounded by the CBI. The auditors were arrested on January 24 last year on the charge of having conspired in the fraud and are in judicial custody at Chanchalguda central jail in the state. The CBI has already filed a chargesheet against B Ramalinga Raju, the founder of Satyam, and eight others including the two auditors.
News On AIR | February 4, 2010 12:51 PM
Relief for srinivas talluri in satyam fraud case