Enforcement Directorate brings 45 lakh copies of Satyam complaint in four trucks to court

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.