7 months ago
Satyam Scam: Court Issues Notices Over Fake Land Mutations
A special court in Hyderabad has issued notices to the accused in the Satyam Computers scam case and related officials.
A petitioner, Abhinav Alladi, claims that land transactions in Janwada were fraudulent and linked to the scam.
He alleges that land originally owned by Madan Gopal and Shyamlal was illegally transferred to a company linked to Satyam.
The court will consider the matter further on January 27 without expressing any opinion on the allegations.
The case involves accusations of money laundering and manipulation of revenue records.
A special court in Hyderabad issued notices in the Satyam Computers scam case regarding alleged fake land mutations in Janwada.
Petitioner Abhinav Alladi claims that land transactions were fraudulent and linked to the scam, involving 3.1 acres and other parcels.
The land was originally owned by Madan Gopal and Shyamlal but was allegedly fraudulently transferred to a company linked to Satyam.
The petitioner alleges conspiracy with public servants and political functionaries to manipulate revenue records and route proceeds of crime.
The court will consider the matter further on January 27 without expressing any opinion on the merits of the allegations.
- Who
- Abhinav Alladi (petitioner), Satyam Computers (accused), ED (investigating agency)
- What
- Allegations of fake land mutations and money laundering in the Satyam scam
- Where
- Hyderabad, India
- When
- Notices issued on Monday, next hearing on January 27
- Why
- To investigate alleged fraudulent land transactions linked to the Satyam scam
Key facts
- Case
- Satyam Computers scam
- Location
- Janwada, Hyderabad
- Land Area
- 3.1 acres (Survey No. 311/1) and others
- Act
- Prevention of Money Laundering Act
- Petitioner
- Abhinav Alladi
- Next Hearing
- January 27
- Accused
- Shatabisha company and its director
- Original Owners
- Madan Gopal and Shyamlal
