The founder of Satyam Computer Services, Ramalinga Raju, who was found guilty in an accounting fraud case and sentenced to seven years` imprisonment last week, has filed an appeal to challenge the court`s verdict.
Uma Maheshwar Rao, a lawyer for Raju, told Reuters the appeal was filed in a sessions court to "question the very finding of the case," but did not give other details.
On Thursday, a court in Hyderabad pronounced Raju, a management graduate from Ohio University who founded Satyam in 1987, guilty of forging documents and falsifying accounts in what was among India`s biggest corporate frauds.
Raju admitted in January 2009 in a five-page letter that Satyam`s profits had been overstated for years and assets falsified in a fraud allegedly worth over $1.5 billion, bringing the company to the brink of collapse.
