Hyderabad, September 24: The special court trying the multi-crore Satyam accounting fraud today dismissed a petition by three of the accused in the scam seeking postponement of the hearing in the case.
The XXI Additional Chief Metropolitan Magistrate (ACCM) court dismissed the petitions of former Chief Financial Officer Vadlamani Srinivas, and two former Satyam employees D Venkatapathi Raju, Senior Manager (Finance) and Ch Srisailam, Assistant Manager, saying the petitions were devoid of merit.
The trio, on Tuesday last, filed the petitions seeking postponement of the case on the grounds that the CBI probe was still pending and the agency is still to file the fourth chargesheet.
“Investigations in the case are not complete and the three chargesheets filed by the CBI are not final reports and therefore the trial cannot be proceeded,” the defense counsel had earlier argued.
–Agencies