Satyam investigation handed over to CBI

February 20th, 2009 NEW DELHI - The Central Bureau of Investigation (CBI) Friday registered a case against disgraced Satyam founder B. Ramalinga Raju for the Rs.70 billion fraud and constituted a multi-disciplinary investigation team (MDIT) for the probe.

February 2nd, 2009 HYDERABAD - Two suspended PriceWaterhouse employees allegedly involved in the Satyam Computer Services fraud will be in the custody of the Andhra Pradesh police Wednesday and Thursday. S. Gopalakrishnan, who was chief relationship partner at PriceWaterhouse, and Srinivas Talluri, who was engagement leader, will be handed over to the Crime Investigation Department (CID) of police for interrogation for two days from Wednesday, a Hyderabad court ruled Tuesday.

February 17th, 2009 NEW DELHI - The Central Bureau of Investigation (CBI) Wednesday will take over the investigation into the Rs.70-billion (Rs.7,000-crore/$1.43 billion) Satyam accounting fraud from the Andhra Pradesh police. 'We have received the notification from the government of India to take over the Satyam Computers scam cases from CID, Andhra Pradesh.

February 15th, 2009 NEW DELHI/HYDERABAD - The central government has finally handed over the investigations into the Satyam fraud to the Central Bureau of Investigation (CBI). 'CBI will look into all aspects of the investigation,' Corporate Affairs Minister P.C.

February 21st, 2009 HYDERABAD - A 16-member team of the Central Bureau of Investigation (CBI) Saturday took over the probe into the Rs.70-billion (Rs.7,000-crore/$1.43 billion) Satyam Computer Services accounting fraud. The team led by CBI Deputy Inspector General V.V.

February 25th, 2009 HYDERABAD - The Andhra Pradesh government Wednesday promised to render all possible assistance to the Central Bureau of Investigation (CBI) in probing the massive fraud in Satyam Computer Services after the High Court expressed its displeasure over the lack of cooperation with the investigating team. On a direction from the court, the government filed a report within two and half hours, detailing the steps it would take to extend cooperation with the multi-disciplinary team of the CBI.

January 7th, 2009 HYDERABAD - Where is B. Ramalinga Raju? Everyone is trying to find an answer to the question after the chairman of Satyam Computers resigned Wednesday confessing to a Rs.70 billion (Rs.700 crore) fraud.

January 18th, 2009 NEW DELHI - The government Monday ordered a probe into possible 'nexus' between the fraud-hit Satyam Computer Services and its tainted founder B. Ramalinga Raju's two family-run firms Maytas Properties and Maytas Infrastructure.

January 23rd, 2009 HYDERABAD - Two officials of PricewaterhouseCoopers, the firm that audited fraud-hit Satyam Computer Services' books, were arrested Saturday for their alleged role in the irregularities. The Crime Investigation Department (CID) of the Andhra Pradesh police, probing the Rs.70 billion (Rs.7,000 crore/$1.43 billion) fraud in the IT bellwether, arrested chief relationship partner S.

January 12th, 2009 NEW DELHI - A parliamentarian had raised the issue of irregularities in Satyam Computer Services way back in 2001 but then Andhra Pradesh Chief Minister N. Chandrababu Naidu and the National Democratic Alliance (NDA) government had ignored the matter, the Congress party said Tuesday.

January 10th, 2009 HYDERABAD - A magistrate here Sunday remanded former Satyam Computer Services chief financial officer (CFO) Vadlamani Srinivas into judicial custody till Jan 23 for the Rs.70 billion fraud in the IT bellwether. Srinivas was taken to Chanchalguda central jail, where the company's disgraced founder and former chairman B.

January 26th, 2009 HYDERABAD - PriceWaterhouse has suspended two of its employees for their alleged involvement in the fraud at Satyam Computer Services, the Indian arm of the global auditing firm said Tuesday. 'In light of recent allegations, chief relationship partner S.

February 12th, 2009 HYDERABAD - The Serious Fraud Investigation Office (SFIO) has been permitted by a court here to interrogate Satyam Computer's disgraced founder B. Ramalinga Raju, his brother B.

February 5th, 2009 NEW DELHI - Noted technocrat Kiran Karnik was Friday named chairman of the scam-hit Satyam Computer Services even as the probe by the Serious Fraud Investigation Office was extended to 325 more companies associated with the beleaguered firm. Corporate Affairs Minister P.C.

January 22nd, 2009 HYDERABAD - Satyam Computer Services founder B. Ramalinga Raju, his brother B.