July 16, 2014 8:05 AM

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SEBI bars Satyam Computers founder Raju, four others, from accessing capital markets for 14 years

The Securities and Exchange Board of India-SEBI has barred founder of Satyam Computers, B Ramalinga Raju and four other top executives from accessing the capital markets for 14 years.

The market watchdog has further asked the defaulters to return their unlawful gains of 1,849 crore rupees within 45 days.

In its final order passed yesterday, SEBI has said that the amount must be deposited along with 1,200 crore rupees as interest due from January 2009 till date.

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