Thursday, December 2, 2010

Ramalinga Raju & Family had 111 accounts in HDFC

HYDERABAD: HDFC Bank's Begumpet branch manager Ch Srinivas on Wednesday told the trial court trying Satyam scam case that the prime accused B Ramalinga Raju and his family members maintained 111 accounts pertaining to several real estate companies run by them.

Srinivas also gave details of transactions, money held at various points of time in these companies. He also gave details of three Maytas company accounts with their bank.

In his deposition before the trial court here, Srinivas gave details on the banking transactions carried out by SCSL which maintained five accounts with their bank. Read more

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