Satyam chief Raju produced before magistrate
The disgraced Satyam chief, Ramalinga Raju, who was arrested by the Andhra Pradesh CID on Friday night, was produced before a magistrate, after 18 hours of interrogation.
During the interrogation by CID sleuths, Raju reportedly admitted that he had used the Satyam money to buy lands across Andhra Pradesh in the hope of making huge profits out of the real estate boom.