ID :
57552
Mon, 04/27/2009 - 06:22
Auther :
Shortlink :
https://www.oananews.org//node/57552
The shortlink copeid
Ramalinga Raju's device churned out fixed deposit papers: CBI
New Delhi, Apr 26 (PTI) Detailed analysis of the personal
computer of the founder of India's beleaguered IT major Satyam
Ramalinga Raju has revealed that investments shown as fixed
deposit receipts worth crores of rupees were fake and printed
from his personal device, says the country's premier
investigating agency Central Bureau of Investigation (CBI).
The fake FDRs showed huge amounts as the interest on
these deposits was projected to be over Rs 375 crore as
against the actual interest income of Rs 7.42 lakh only.
The CBI, which is probing the case, made a detailed
analysis of the computer of Raju, during which this was found
by the sleuths, official sources said.
The CBI has recorded the statements of the banks from
where the FDRs were shown to have been issued in favour of
Satyam Computer Services Limited (SCSL). The bank officials
had denied that the FDRs were authentic, the sources said.
The CBI later, during the analysis of the computer of
Raju, found that the FDRs were designed and later printed from
the same machine, the sources said.
The CBI claimed to have retrieved the mirror images of
the FDRs that were designed in the computer, the sources said.
In its charge sheet, the CBI said that with regard to the
interest accrued on the non-existent FDRs, SCSL projected the
final figure as Rs 375 crore at the end of the second quarter
of 2008 whereas the actual interest during the period was only
Rs 7.42 lakh.
In his confessional letter, Raju said that the balance
sheet as of September 20, 2008, carried an accrued interest of
Rs 376 crore, which is non-existent.
In the balance sheet, an accrued interest of Rs 375.53
crore was shown, whereas the actual interest paid by the
banks was only Rs 7.42 lakh.
"Thus it is established that in the balance sheet a
non-existent accrued interest of Rs 375,46,57,115 (rounded off
to Rs 376 crore) was fraudulently and dishonestly got
reflected by the accused for the quarter ended September 30,
2008," the CBI said.
The CBI has got permission from the court to continue
with its probe, during which it (CBI) will be focusing on
money re-routing and remittances made from abroad. PTI
computer of the founder of India's beleaguered IT major Satyam
Ramalinga Raju has revealed that investments shown as fixed
deposit receipts worth crores of rupees were fake and printed
from his personal device, says the country's premier
investigating agency Central Bureau of Investigation (CBI).
The fake FDRs showed huge amounts as the interest on
these deposits was projected to be over Rs 375 crore as
against the actual interest income of Rs 7.42 lakh only.
The CBI, which is probing the case, made a detailed
analysis of the computer of Raju, during which this was found
by the sleuths, official sources said.
The CBI has recorded the statements of the banks from
where the FDRs were shown to have been issued in favour of
Satyam Computer Services Limited (SCSL). The bank officials
had denied that the FDRs were authentic, the sources said.
The CBI later, during the analysis of the computer of
Raju, found that the FDRs were designed and later printed from
the same machine, the sources said.
The CBI claimed to have retrieved the mirror images of
the FDRs that were designed in the computer, the sources said.
In its charge sheet, the CBI said that with regard to the
interest accrued on the non-existent FDRs, SCSL projected the
final figure as Rs 375 crore at the end of the second quarter
of 2008 whereas the actual interest during the period was only
Rs 7.42 lakh.
In his confessional letter, Raju said that the balance
sheet as of September 20, 2008, carried an accrued interest of
Rs 376 crore, which is non-existent.
In the balance sheet, an accrued interest of Rs 375.53
crore was shown, whereas the actual interest paid by the
banks was only Rs 7.42 lakh.
"Thus it is established that in the balance sheet a
non-existent accrued interest of Rs 375,46,57,115 (rounded off
to Rs 376 crore) was fraudulently and dishonestly got
reflected by the accused for the quarter ended September 30,
2008," the CBI said.
The CBI has got permission from the court to continue
with its probe, during which it (CBI) will be focusing on
money re-routing and remittances made from abroad. PTI
