Supreme Court Rejects Rajus Bail Plea

In a major setback to Satyam founder, Ramalinga Raju, who is in jail in

connection with the multi-crore financial scandal, the Supreme Court has

dismissed his bail application. The bench, headed by Chief Justice KG

Balakrishnan, which heard the bail application, has observed that "when serious

crimes are committed, people are bound to be in jail". In the appeal Raju said

that he was suffering from serious cardiac and other health problems and was

willing to abide by any conditions imposed by the apex court for his release.

Earlier, the Andhra Pradesh High Court had rejected his bail application.

Meanwhile, the CBI probing the multi-crore fraud, alleged doctors were

prolonging the treatment of Raju only to delay the trial in the case. It is

being reported that Raju is suffering from Hepatitis-C and is currently

undergoing treatment at the Nizams Institute of Medical Sciences (NIMS).