CBI takes Satyam's Raju, four others into custody.Byline: ANI Hyderabad, Mar10 (ANI): The Central Bureau of Investigation (CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. ) on Tuesday took into custody Satyam's founder Ramalinga Raju and four other accused for interrogation.ccording to police officials, the accused were picked up from the Chanchalguda Jail at 9.30 a.m. The Fourteenth Additional Chief Metropolitan Magistrate S. Samuel Victor Emmanuel on Monday sent all the accused to CBI custody for seven days from Tuesday. Besides Raju and his brother Rama Raju, the CBI would also be quizzing the company's former Chief financial officer (CFO See Chief Financial Officer. ) Vadlamani Srinivas and audit house Price Waterhouse's partners S. Gopalkrishnan and Talluri Srinivas in connection with Satyam-fraud case. On March 3, the CBI had filed a petition seeking seven days custody of Raju brothers, former Satyam CFO V. Srinivas and the two sacked auditors of PwC, which audited Sataym's accounts. On February 20, the CBI had constituted a multi-disciplinary investigation team for the probe. On January 7, Ramalinga Raju confessed to fraudulent manipulation of accounts over several years by inflating the company's profits and assets. (ANI) Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion