SATHYAM COMPUTERS SCAM: AP HC dismisses bail pleas of Raju, seven others!

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With Due Acknowledgement To: PTI / The Hindu / HYDERABAD, August 30, 2011.

fomer Chairman of Satyam Computers being produced before the Criminal Courts Comples in Hyderabad. A file photo - BL.

The Andhra Pradesh High Court on Tuesday dismissed the bail petitions of B Ramalinga Raju and seven other accused in the multi-crore Satyam Computer accounting fraud.

Justice Samudrala Govindarajulu, who completed the arguments on the bail petitions on August 27, said all the bail applications were dismissed.

Of the ten accused in the case, B Suryanarayana Raju, who is Raju’s brother, and T Srinivas, a former auditor of PricewaterhouseCoopers, had been granted bail by different courts earlier.

Besides Raju, Satyam’s former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, former PWC auditor Subramani Gopalakrishnan and Satyam’s former internal chief auditor V S Prabhakar Gupta, are currently lodged in Chanchalguda Central Prison in Hyderabad.

The accused had sought bail on the grounds that the trial in the Satyam scam was not completed within the Supreme Court-stipulated timeline of July 31 and all the prosecution witnesses were examined.

Earlier, cancelling Raju’s bail in October last year, the Supreme Court had stated that the accused could file another bail application only after July 31, 2011, if the trial in the case was not completed in the local court.

Sources close to Raju said he and the other accused may approach the Supreme Court for bail. They, however, did not confirm when they are going to file the petition in the apex court.

Raju, the former chairman and founder of Satyam Computer, surrendered on November 10 before the local court adjudicating the nation’s biggest corporate fraud, which is allegedly to the tune of Rs 14,000 crore.

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KARNATAKA LOKAYUKTA: Kumaraswamy's anticipatory bail plea rejected!

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Bangalore Bureau, The Hindu / BANGALORE, August 30, 2011.

Former Karnataka Chief Minister H.D. Kumaraswamy - The Hindu.

The former Chief Minister H.D. Kumaraswamy on Tuesday suffered setbacks in the High Court and the Special Lokayukta Court, which is hearing charges of corruption against him and his wife.

The High Court refused to grant stay on the proceedings initiated against Mr. Kumaraswamy and his wife Anita Kumaraswamy by the Special Lokayukta Court on a private complaint that accuses them of corruption for making bulk allotment to a housing society and granting permission to a mining company.

On his part, Judge Sudhindra Rao of the Special Lokayukta Court rejected the anticipatory bail applications filed by the JD(S) strongman and his wife. The court then commanded that the accused appear before the magistrate.

At this point, Hasmath Pasha, counsel for the couple, pleaded that his clients wanted to utilise the option of going on appeal against the Lokayukta Court's order and seek anticipatory bail in the High Court. Mr. Pasha argued that if his clients appeared before the Lokayukta Court, they would no longer have the option of approaching the High Court. When the Judge remained unimpressed with this line of argument, Mr. Pasha filed a petition where he sought exemption from personal appearance for his clients on health grounds.

He claimed in the petition that Mr. Kumaraswamy, a diabetic and having cardiac issues was suffering from hypertension on account of the “tension” caused by the court proceedings. Anita Kumaraswamy, he said, had joint pains and a slipped disc. He said doctors had advised the couple 15 days of rest.

The counsel for Vinod Goel, the third accused in the case and the owner of Janthakal Mining Company Ltd., also moved a similar exemption petition. He claimed that his client is being treated for severe back pain in Mumbai.

Taking only the health grounds into account, the court allowed the petition and exempted the accused from appearing before it for the day. But another summons order was passed ordering the accused to appear in person on September 5 “without fail”.

Rest at,

http://www.thehindu.com/news/states/karnataka/article2411466.ece

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KARNATAKA MINING SCAM: Yeddyurappa denied bail in land scam case!

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NDTV Correspondent, Updated: August 29, 2011 11:08 IST.

Bangalore:  BS Yeddyurappa's attempt to get anticipatory bail in a case of corruption has been rejected by the Karnataka High Court. He has been accused of illegally denotifying land that had been reserved for projects of public interest. 

Mr Yeddyurappra was forced to resign as Chief Minister of Karnataka on July 31 when a report on mining declared him guilty of accepting kickbacks from companies who were given mining licenses.

Rest at,

http://www.ndtv.com/article/india/yeddyurappa-denied-bail-in-land-scam-case-129710

               

2G SPECTRUM SCAM: S.C. seeks CBI’s stand on bail pleas of Reliance officials!

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PTI / The Hindu / NEW DELHI, August 26, 2011.

A file photo of ADAG Group MD Gautam Doshi - The Hindu.

The Supreme Court on Friday issued notice to the CBI on the bail pleas of three top executives of Reliance ADAG firm, arrested for their alleged involvement in the 2G spectrum scam.

Agreeing to hear their pleas, a bench headed by Justice G.S. Singhvi asked the investigating agency to file its reply on the bail pleas of ADAG Group MD Gautam Doshi, President Surendra Pipara and Senior Vice President Hari Nair.

The trio have challenged the rejection of their bail pleas by the Delhi High Court which, on May 23, had said, “The gravity of the offence itself is sufficient to deny bail“.

They have been in jail since April 20.

Their bail applications came up for hearing a day after all the 17 accused completed their arguments opposing the framing of charges against them in a special court exclusively set up to hold their trial in the 2G case.

Rest at,

http://www.thehindu.com/news/national/article2399558.ece

BLACKMONEY ABROAD: SC stays Hasan Ali's release till September 2!

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Press Trust Of India / ibnlive.in.com / Updated Aug 25, 2011 at 09:24pm IST.

New Delhi: The Supreme Court on Thursday extended till September 2 the stay on the release on bail of Pune-based stud farm owner Hasan Ali Khan who is accused in money laundering cases.

The bail was granted earlier by the Bombay High Court. A bench of justices Altamas Kabir and SS Nijjar extended the stay after Additional Solicitor General Haren Rawal, at the fag end of the day-long hearing on the black money issue, told the court that the stay granted earlier would expire on August 26.

The bench then extended the stay till September 2 as the hearing on the issue would resume on September 1.

The apex court had on August 16 stayed till August 26, the bail granted to Hassan Ali by the Bombay High Court on August 12.

The court had passed the order on a petition filed by the Enforcement Directorate challenging the high court's order granting bail to Khan who has been accused in various money laundering cases.

Rest at,

http://ibnlive.in.com/news/sc-stays-hassan-alis-release-till-september-2/178585-3.html

BLACKMONEY ABROAD: Supreme Court stays release of Hasan Ali on bail!

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PTI / The Hindu / NEW DELHI, August 16, 2011.

Hasan Ali Khan.

The Supreme Court on Tuesday stayed the release of Pune-based stud farm owner Hasan Ali Khan, accused in money laundering cases, on bail which was granted by the Bombay High Court.

A three-judge bench headed by Justice Altamas Kabir said the effect of the Bombay High Court’s order granting bail to him shall not be operational till Thursday.

The court passed the order on a petition filed by the Enforcement Directorate challenging the high court’s order granting bail to Khan, who has been accused in various money laundering cases.

“Let the matter be listed on Thursday. In the meantime, order of Bombay High Court of August 12 on bail shall not be given effect to,” the bench said.

“The documents reveal that Hasan Ali Khan has huge funds in his accounts to the extent of 800 million US dollars with a bank outside India,” the Enforcement Directorate contended.

The agency, in its petition, alleged that various transactions led by Khan through his foreign bank accounts reveal his association with international arms dealer Adnan Khashoggi.

“The documents point to deep linkage between Khan and Khashoggi,” the agency further said while pressing for stay on Bombay High Court’s order granting bail to Khan.

Full Story at,

http://www.thehindu.com/news/national/article2361504.ece

UNDECLARED EMERGENCY: Kiran Bedi refuses to give personal bond!

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zeenews.india.com / Last Updated: Tuesday, August 16, 2011, 14:05.

New Delhi: Former IPS officer Kiran Bedi today refused to give a personal bond and get herself released after she was taken into preventive detention for defying prohibitory orders.

"I have been asked to offer bail but I have refused. I may be sent into judicial custody in Tihar jail," Bedi said.

Bedi was taken into custody at Rajghat when she arrived there to take part in the protest announced by Anna Hazare.

01)  The socalled Team-Anna Hazare, visible to us are only a few to several, each one of whom wouldn't seek bail!

02) And the Hundreds of Thousands of supporters of this "Anti Corruption Movement" of the 'India Against Corruption', from across India volunteer to be arrested and refuse to be bailed, would this Despotic Government keep all of them in Judicial Custody?

03) If so for how long??? 

Full Story at,

http://zeenews.india.com/news/nation/kiran-bedi-refuses-to-give-personal-bond_726450.html

BLACK MONEY: Bombay High Court grants Hasan Ali bail!!

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NDTV Correspondent, Updated: August 12, 2011 16:39 IST.

Mumbai:  The Bombay High Court has granted bail to stud farm owner Hasan Ali Khan, on a cash surety of Rs. 5 lakh. Ali, 58, who allegedly has 8 billion dollars stashed in Swiss banks, is accused of money laundering.

The conditions are that Ali is not allowed to leave Mumbai, has to present his passport and be available for further questioning by the Enforcement Directorate (ED) and the Income Tax (I-T) Department. Ali collapsed in court after the order.

Ali's money trail first emerged in 2008, when the I-T department told the Bombay High Court about his tax evasion. His Swiss accounts were revealed during a raid.

Ali's is a classic case of rags to riches - though not without its brushes with the law. Till the late 1990s, Ali, along with his wife Mehbooba Khan and two sons, lived in Banjara Hills - one of the most expensive addresses in Hyderabad.

Here, between 1990 and 1992, he was an accused in six cheating cases. As a result his detractors gave him the title of Chor Hasan.

Full Story at,

http://www.ndtv.com/article/india/bombay-high-court-grants-hasan-ali-bail-126228

SATHYAM COMPUTERS SCAM: High Court denies bail to Ramalinga Raju!

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Legal Correspondent, The Hindu / HYDERABAD, August 10, 2011.

B. Ramalinga Raju.

The former chairman of the erstwhile Satyam Computers, B. Ramalinga Raju, and five others were denied bail by the Andhra Pradesh High Court on Tuesday.

Dismissing their petitions, Justice Samudrala Govinda Rajulu felt that the accused ought to have approached the metropolitan sessions judge before approaching the High Court.

The others who sought bail are the former managing director, B. Rama Raju; the former CFO, Vadlamani Srinivas; the former senior finance manager, Venkatapathi Raju; the former Finance manager, Srisailam; and the former finance in-charge, Ramakrishna.

Full Story at,

http://www.thehindu.com/news/national/article2340740.ece

CHEATING CASE: Sun Pictures COO Hansraj Saxena granted bail!

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PTI / The Hindu / CHENNAI, August 4, 2011.

Hansraj Saxena, Chief Operating Officer of Sun Pictures, at Saidapet Court. File photo - The Hindu.

The Madras High Court today granted conditional bail to Sun Pictures Chief Operating Officer Hansraj Saxena, recently arrested in an alleged cheating case registered by city police.

According to the complaint, Mr. Saxena allegedly cheated film producer Hitesh Jabak, in connection with the film ‘Maappillai’. Based on a complaint by the producer, police had registered a case.

Full Story at,

http://www.thehindu.com/news/national/article2322437.ece