Assigned land in Andhra Pradesh is defined as land given to the landless poor by the government as part of its land reforms exercise. But Satyam Computers’ former chairman Ramalinga Raju - in a patently illegal action - bought more than hundred acres of assigned land in Bahadurpally village in Greater Hyderabad, close to where the company’s global headquarters is located.
The land was bought in the name of Satyam Institute of E-Business which was officially represented by Ramalinga Raju. What is more, after a while, Ramalinga Raju also sold most of this illegal land in his possession to Dr Reddy’s Biosciences Ltd.
The Times of India