01-12-2009, 08:48 AM
<b>Arrest gifts Raju safety net </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin--> New Delhi, Jan. 11: B. Ramalinga Raju, the former chairman of Satyam Computer Services, may have surrendered himself to Indian police to evade extradition to the US where class action law suits have been filed against the company, legal experts said today.
<b>âHe is most secure with Indian police. Once he has subjected himself to the Indian courtsâ jurisdiction, the matter is sub-judice. He canât be extradited till the Indian legal process ends</b>,â senior Supreme Court lawyer Vivek Tankha said. âNow that he is in judicial custody, he canât even be questioned by Indian authorities without the courtâs permission,â he added.
Corporate lawyer Sameer Parekh said it was possible that Raju was trying to protect his family and its other companies by giving himself up. As Satyam is a listed company on the New York Stock exchange, the US could have proceeded against Raju. âBy surrendering, he might be trying to protect his family and his other companies,â Parekh said.
<!--QuoteEnd--><!--QuoteEEnd-->
<b>âHe is most secure with Indian police. Once he has subjected himself to the Indian courtsâ jurisdiction, the matter is sub-judice. He canât be extradited till the Indian legal process ends</b>,â senior Supreme Court lawyer Vivek Tankha said. âNow that he is in judicial custody, he canât even be questioned by Indian authorities without the courtâs permission,â he added.
Corporate lawyer Sameer Parekh said it was possible that Raju was trying to protect his family and its other companies by giving himself up. As Satyam is a listed company on the New York Stock exchange, the US could have proceeded against Raju. âBy surrendering, he might be trying to protect his family and his other companies,â Parekh said.
<!--QuoteEnd--><!--QuoteEEnd-->