Satyam case: Next hearing on August 24

A local court today posted the hearing of arguments on framing of charges against former chairman of Satyam Computers B Ramalinga Raju and nine other accused in the multi-crore accounting scam in the IT firm to August 24.

The CBI today informed the additional chief metropolitan magistrate court specifically on its allegations mentioned against Satyam accused in two main chargesheets besides the supplementary chargesheet.

Following a suggestion by the defence counsel seeking clarity for each offence, Magistrate BVLN Chakravarti had yesterday directed the CBI to inform it in a specific way on its allegations and sought to provide more clarity on the charges.

The court then posted the matter to August 24 after the defence sought for time to contest the prosecution's allegations.

Meanwhile, the defence is likely to submit before the court two sureties towards Raju's bail by late afternoon. The high court while granting bail to Raju yesterday had asked him to execute two solvent sureties and bonds for Rs20 lakh each, in the trial court.