Advertisement

Bail is a good relief: Ramalinga Raju

Updated at:
Bail is a good relief: Ramalinga Raju
Bail is a good relief: Ramalinga Raju

``I am recovering  and bail is a good relief,  said Satyam scam prime accused Ramalinga Raju here on Thursday. Speaking for the first time after being out on bail Raju lookd  more cheerful  than ever and hoped to recover soon.  He appeared at local court, accompanied by a doctor in Hyderabad on Thursday.

This is his second appearance after being granted bail by Andhra High Court.Raju hasn't made any appearance for questioning in court since the trial stated he was diagnosed with hepatitis-C. 

Advertisement

The Satyam founder and former chairman Raju was granted bail in the multi-crore scam by Andhra Pradesh High Court on August 18, 2010. The High Court granted bail to Raju on health grounds saying he should not be discharged from the hospital.

He  had  been hospitalised at Nizam's Institute of Medical Sciences in Hyderabad for treatment of Hepatitis C and other ailments since September 2009.

"Raju has been given bail on the condition that he will remain in Hyderabad till further orders and will have to give two securities of Rs 20 lakh each. He will have to depose before the investigating officer every day once he has been discharged from NIMS," Raju's lawyer Bharat Kumar said.

The Central Bureau of Investigation, which has been investigating the case, has decided to approach the Supreme Court against Raju's bail order.

CBI has been alleging that doctors have been prolonging the treatment of the Raju only to delay the trial in the case.