Advertisement
Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
  Advertisement
      Discuss  |             Email   |         Print  |  Get latest news on your desktop

SEBI questions Satyam accused
Related Articles
The Satyam fiasco: Complete coverage
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
   
  Advertisement
February 18, 2009 14:15 IST
The Sixth Additional Chief Metropolitan Magistrate on Wednesday allowed Securities and Exchange Board of India (SEBI) to quiz Satyam [Get Quote] Computer's former CFO Vadlamani Srinivas and ex-Price Waterhouse partners S Gopalakrishan and Talluri Srinivas.

The permission was granted on a petition by market regulator SEBI.

While the interrogation of V Srinivas has already begun and will continue till afternoon, the Price Waterhouse auditors would be grilled on Thursday, in the presence of their counsels.

Satyam Computer founder Ramalinga Raju, his brother Rama Raju, the company's former CFO Vadlamani Srinivas and the two auditors are in judicial custody in connection with the Rs 7,800-crore accounting fraud in the IT company.

Earlier, on the direction of the Supreme Court, the market regulator interrogated and recorded the statements of B Ramalinga Raju and his brother Rama Raju for three days from February 4 at the Chanchalguda jail in Hyderabad.


© Copyright 2009 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
       Email  |        Print   |   Get latest news on your desktop

© 2009 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback