Citi Bank's Vinit Puri, is a witness in Satyam scam

Friday, 12 November 2010, 15:31 IST
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Hyderabad: A local court trying multi-crore Satyam fraud case today recorded the statement of Citi Bank Vice-President Vinit Puri as a witness in the case. Puri, presently working in Hong Kong, appeared before the XXI Additional Chief Metropolitan Magistrate's court as one of the prosecution witnesses in the case and informed the court about the transactions of Satyam Computer between 2001 and 2008. A Citi Bank official, Puri had worked as branch head at Hyderabad office before being sent to Hong Kong. He informed the court that Satyam Computers had seven current accounts in the bank. Puri, who had flown in from Hong Kong to depose in the court, also informed the court that some documents seized by the investigating agency have been sent to Mumbai office for verification. However, the defence counsel during cross examination of the witness registered objections saying that various documents that were submitted by the CBI as evidence were not in conformity with the Banker's Book Evidence Act and urged the court not to recognise these documents as evidence. Meanwhile, disgraced Satyam Computer founder B Ramalinga Raju and five other accused in the case were brought from Chanchalguda jail to the court amid tight security. Raju and other accused were sent in judicial remand yesterday after their surrender on the direction of Supreme court.
Source: PTI