Satyam case auditor gets bail from SC

Satyam consultant and its subsidiary company Pricewaterhouse-Cooper’s auditor Talluri Srinivas was finally granted bail by the Supreme Court on Thursday in the Satyam fraud case after remaining in judicial custody for more than a year. The top court imposed stringent conditions on him.
Directing Srinivas to execute a bail bond of Rs 20 lakh and two sureties of the same amount before the trial court, a bench headed by Chief Justice K.G. Balakrishnan restricted his movements even within the country directing that he will have to seek the permission of the police to leave Hyderabad.
The other conditions include that he would surrender his passport, not try to leave the country and “influence” the witnesses and “tamper” with the evidence.
Srinivas was granted bail after his counsel, Mr Mukul Rohatgi, said since the chargesheet has already been filed in the case and all evidence against Srinivas were documentary, which had already been seized by the CBI, there was no need to confine him in judicial custody.