Court sentences 80 directors of Satyam firms to 1-year jail

Our Bureau Updated - January 09, 2014 at 06:08 PM.

A city court on Thursday sentenced 80 directors belonging to 19 firms affiliated to the erstwhile Satyam Computers Ltd to one-year imprisonment in an income tax evasion case.

In addition, four women directors were sentenced to six months imprisonment. The sentenced directors included Ramalinga Raju, founder and ex-chairman of Satyam Computers, his wife Nandini, son Rama Raju and Radha, wife of Raju’s brother.

However, all the directors were immediately granted bail by the court.

naga.gunturi@thehindu.co.in

Published on January 9, 2014 12:37