Two Pricewaterhouse officials arrested in Satyam fraud

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.

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.

January 9th, 2009 HYDERABAD - In the third arrest in the Satyam Computer Services scam, the former chief financial officer (CFO) of the IT bellwether Vadlamani Srinivas was held by Andhra Pradesh police Saturday night in connection with the Rs.70 billion fraud. Srinivas was very close to the company's founder chairman B.

February 2nd, 2009 HYDERABAD - The Andhra Pradesh police will Wednesday and Thursday grill two suspended PriceWaterhouse employees allegedly involved in the Satyam Computer Services fraud. A city court Tuesday sent S.

January 23rd, 2009 HYDERABAD - Two partners of Price Waterhouse, the firm that audited fraud-hit Satyam Computer Services' books, have been arrested, police said Saturday. 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 10th, 2009 HYDERABAD - The Crime Investigation Department (CID) of Andhra Pradesh police Sunday continued interrogation of Vadlamani Srinivas, the former chief financial officer (CFO) of the IT bellwether Satyam Computers, in connection with the Rs.70 billion fraud. CID officials said they would produce Srinivas before a magistrate later in the day.

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.

March 10th, 2009 HYDERABAD - The investigations into Rs.78 billion (Rs.7,800 crore) scam in Satyam Computer Services picked up momentum as the Central Bureau of Investigation (CBI) Tuesday questioned the IT firm's disgraced former chairman B. Ramalinga Raju and four other accused.

February 13th, 2009 HYDERABAD - A 12-member team of the Serious Fraud Investigation Office (SFIO) saturday quizzed Satyam Computers founder B. Ramalinga Raju, his brother B.

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 12th, 2009 HYDERABAD - Former interim CEO of Satyam Computer Services Ram Mynampati is in the US, the company clarified Tuesday while denying reports that he had been arrested by Andhra Pradesh police. A Satyam spokesperson said Mynampati was meeting clients in the US and the reports of his arrest and interrogation were not true.

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.

January 11th, 2009 CHENNAI - Perhaps for the first time in the Indian corporate history, an audit firm - and a foreign one at that - is being dumped midway by a company. The government-appointed new board for Satyam Computer Services has declared that the fraud-hit IT bellwether will have a new audit firm to restate the books of accounts.

January 6th, 2009 HYDERABAD/NEW DELHI - The Andhra Pradesh government Wednesday ordered a preliminary inquiry by the crime branch of the police into a financial fraud by IT major Satyam Computers. Chief Minister Y.S.

January 8th, 2009 HYDERABAD - Special teams of Securities and Exchange Board of India (SEBI) Friday continued their probe for the second day into the Rs.70-billion Satyam fraud. A three-member SEBI team headed by its southern regional manager A.