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Ramalinga Raju's wife, kin sentenced for tax evasion

Hyderabad: A court here Thursday sentenced 80 directors, including kin of Satyam founder B.Ramalinga Raju, belonging to firms affiliated to erstwhile Satyam Computers to one year jail in an income tax evasion case, while four
India TV News Desk January 09, 2014 22:08 IST
India TV News Desk
Hyderabad: A court here Thursday sentenced 80 directors, including kin of Satyam founder B.Ramalinga Raju, belonging to firms affiliated to erstwhile Satyam Computers to one year jail in an income tax evasion case, while four women directors got six months each.

The four women sentenced by the Economic Offences Court include Nandini, wife of Raju, and the wife of his brother. The court also imposed Rs.5,000 fine on each.

The 80 male directors include several relatives of Ramalinga Raju, who is currently on bail in the multi-crore Satyam fraud.

Special judge M. Laxman suspended the sentence of all 84 directors for one month. He passed the orders on the request of the accused so that they can challenge the verdict in a higher court.