Satyam scam: Special court records statements of two bankers

The Special Court trying the accused in the multi-crore accounting fraud in Satyam Computers today recorded the statements of two more bankers.

HYDERABAD: The Special Court trying the accused in the multi-crore accounting fraud in Satyam Computers today recorded the statements of two more bankers.

In their deposition before the XXI ACMM Court here, the officials of Bank of America and Indian Bank gave details on the banking transactions carried out by Satyam Computer Services Limited (SCSL) during the period between 2001 and 2008.

During his examination, Keshav Kumar, representing Indian Bank (Himayatnagar Branch) here, told the court that SCSL made a fixed deposit of Rs 50 lakh for a 15-day period in 2002 and later withdrew the same.

V Srinivasan of Bank of America said SCSL maintained a current account with their bank though it had few transactions.

After the examination of witnesses, the CBI said all the transactions with regard to SCSL's accounts maintained at various banks needed to be recorded.

Satyam's founder and prime accused in the case B Ramalinga Raju and nine other accused were present in the court during the examination of witnesses.
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