Hyderabad: Of the seven complaints filed by the SFIO, in the special court in 2009, Ramalinga Raju and others were found guilty and convicted in six cases and acquitted in one case.

The charges for which the sentence was pronounced on Monday, include failure to obtain the government’s opinion for paying additional amount to an independent director (Krishna G. Palepu) for his specialist services, failure to provide proper information and explanation for non-compliance, filing of balance sheets with employee details and filing “imbalance” sheets.

In none of the board meetings, the SFIO claimed, the directors had approved the statement relating to the particulars of the employees. So they were found guilty under Section 217 (2A) of the Companies Act. The verdict in the prime case filed by CBI relating to the Satyam scam is expected to be delivered on December 23.

According to the CBI, Ramalinga Raju and other co-accused have caused loss to the investors to the tune of Rs 14,162 crore.

Its founder Ramalinga Raju and members of his family, the investigating agency stated, secured illegal gains to the tune of about Rs 2,743 crore by various tricks.

In January 2014, Ramalinga Raju’s wife Nandini Raju and sons Teja Raju and Rama Raju were convicted by an economic offences court of default in payment of income-tax. That case was relating to several front companies, allegedly floated by the Raju family, to enter into an agreement with Maytas Properties for the development of land.