U Sudhakar Reddy
Enforcement Directorate has filed 45 lakh photo copies of complaint
against B Ramalinga Raju and 212 others brought in four trucks to Special Court for
Satyam case in Nampally on Saturday. It took two months for ED to make photo copies of
the complaint.
The voluminous complaint was filed to give photocopies of it to the 213 accused including
156 companies and 47 individuals who are allegedly involved in money laundering.
The complaint was initially filed by ED in 21st ACMM court cum special court for Satyam
case in October 2013 after it was designated as special court under Prevention of Money
Laundering Act. Each complaint copy has 60 volumes with thousands of pages.
A sources in ED said ,”CBI has earlier filed chargesheet and trial is on against accused
in Satyam case. The crime proceed derived were utilized to purchase the properties in the
name of benami companies. Around Rs 822 crore was used to pay the salaries and to run day
to day affairs of Satyam and remaining amount was used to purchase 354 properties
including 4000 acres of land in the name of benami companies and directors. We have
attached them under PMLA.,”
The accused Ramalinga Raju and brother Rama Raju have falsified the balance sheets of the
company and had shown more profits to inflate shares. They duo who were holding 5 crore
shares pledged most of them and took loans. Using these loan amount they purchased
properties.
ED investigations have confirmed the link between the share pledge amounts to the
purchase of properties. “The case under PMLA will now be tried in the same court along
with the CBI case,” said an official.
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