SEBI has ordered the accused in the Satyam Computers scam to repay Rs 1747.5.

SEBI, the boss of financial rules in India, just made a move in the Satyam Computers scam. They've told six important people and groups to return the Rs 624 crore they got sneakily. But that's not all – there's an extra 12% interest, making the total a whopping Rs 1,747.5 crore! 

They need to pay up by January 2024.

So, who's in trouble? 

B Ramalinga Raju (Satyam's old boss), B Rama Raju (the ex-managing Director), B Suryanrayana Raju (Ramalinga's brother), SRSR Holding Private Limited (linked to Satyam’s big shots), V Srinivas (ex-money guy), and G Ramkrishna (ex-Finance VP).

This SEBI move comes after a decision in February 2023. SEBI had already told them to give the money back before, but they fought it in higher courts.

Ananth Narayan G from SEBI is serious about this. He says each person or group has to give back their sneaky money, along with 12% interest, from way back in 2009. The deadline is tight – 45 days to pay up!

Breaking it down

B Ramalinga Raju owes Rs 20.43 crore, B Rama Raju Rs 20.43 crore, B Suryanrayana Raju Rs 51.44 crore, SRSR Holding Private Limited Rs 518.36 crore, V Srinivas Rs 9.58 crore, and G Ramkrishna Rs 3.83 crore. And that's not even counting the interest.

SEBI also said B Ramalinga Raju and B Rama Raju can't play in the financial market until July 14, 2028. The others already finished their timeout.

With no more drama, the accused are expected to return the money this time. 

If something goes wrong we will tell you for sure 

Until then...

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