scorpionking76
EntMnt Knight
In a fresh order in the nearly seven-year old Satyam scam case, regulator Sebi today asked 10 entities linked to the main accused B Ramalinga Raju -- including his mother, brother and son -- to disgorge over Rs 1,800 crore worth of illegal gains made by them.
Besides, they will also have to pay close to Rs 1,500 crore as interest on the disgorgement amount, as the penalty has been levied with effect from January 7, 2009 -- the day Satyam Computer's founder and then Chairman B Ramalinga Raju admitted to a massive long-running fraud at the company.
Satyam Scam: Sebi Asks Raju Family, Others to Return Rs 1,800Cr - NDTVProfit.com
Besides, they will also have to pay close to Rs 1,500 crore as interest on the disgorgement amount, as the penalty has been levied with effect from January 7, 2009 -- the day Satyam Computer's founder and then Chairman B Ramalinga Raju admitted to a massive long-running fraud at the company.
Satyam Scam: Sebi Asks Raju Family, Others to Return Rs 1,800Cr - NDTVProfit.com
