Tuesday, September 8

Raju, the founder of Satyam Suffers Cardiac Arrest in Jail

B. Ramalinga Raju, the founder of Satyam Computer Services Limited was rushed to the hospital Monday night after administration of first aid in the Hyderabad’s Chanchalguda jail as he complained of slight chest pain. He was taken to jail along with the other seven who were accused of Rs. 78 billion fraud alterations. Presently, he is at the Nizam’s Institute of Medical Sciences.

According to the Doctors, his situation has been claimed to be stable after continuous and effective care given at the ICU by them. In jail, he was suffering from Hepatitis B and was undergoing treating for it.

It was only recently on January 7, he admitted of having been done the accounting fraud of Rs. 78 billion along with seven others. The court has put up cheating and criminal conspiracy on his Raju and the others including his brother Rama Raju who was also the former managing director

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