HYDERABAD: An Indian court has suspended a seven-year jail sentence handed to the former chief of outsourcing giant Satyam over a $2.25-billion accounting scandal dubbed “India’s Enron.”

The court also granted bail to Byrraju Ramalinga Raju, his brother and eight others who were earlier found guilty of manipulating Satyam’s books in a 2009 case that sent shockwaves through India’s software industry. The group will next appear in court on June 30 to appeal their sentences.

“(The) sessions court judge has suspended the sentence issued by the lower court,” G. Ramakrishna Raju, one of Ramalinga Raju’s senior lawyers, said.

He said that all 10 were expected to walk out of Cherlapally Jail in Hyderabad, capital of southern Andhra Pradesh state.

A lower court had sentenced Raju last month after he was convicted on charges of criminal conspiracy, cheating and breaching public trust during India’s IT boom, in a scandal that prosecutors say cost shareholders 140 billion rupees ($2.25 billion).