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    Private helicopter crashes in UK

    Wednesday, May 2, 2007 Police earlier released a statement reporting that a private helicopter carrying several people had vanished following the Champions League football semi-final between Liverpool and Chelsea at Anfield stadium. The helicopter left Liverpool’s John Lennon Airport on Tuesday night at around 11pm, and was heading for a private landing site near Peterborough, Cambridgeshire when it vanished. It is believed to have left radar screens at around 12.30am. A police spokeswoman said: “Details are sketchy at the moment. The helicopter, we believe, had about four or five people on board and was a twin-engine Twin Squirrel. It left John Lennon Airport in Liverpool at about 11pm and was…

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    Former Satyam CEO Raju, his brother and CFO arrested and detained in profit-fraud scandal

    Monday, January 12, 2009 Byrraju Ramalinga Raju, founder and chairman of Satyam Computer Services, and his brother, B. Rama Raju, the company’s managing director, were arrested late Friday by Andhra Pradesh police. The brothers were placed under judicial custody in a Hyderabad, India jail and will remain there until January 23. Facing charges of criminal breach of trust (Section 406 of IPC), criminal conspiracy (Section 120-B), cheating (Section 420), falsification of records and forgery (Section 468), and fraudulent cancellation of securities (Section 477-a), they face up to ten years imprisonment if convicted. After 18 hours of interrogation by the Crime Investigation Department (CID) at the state police headquarters, the Raju…