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FINANCIAL ARRESTS WORLDWIDE

Monday, 30 March 2009

Indian court allowed the federal Serious Fraud Investigation Office to question B. Ramalinga Raju

Indian court allowed the federal Serious Fraud Investigation Office to question B. Ramalinga Raju, the detained founder of Satyam Computer Services Ltd., the Financial Express reported from Hyderabad, citing the ruling. The agency has been allowed to question Raju and others in the case from March 29 to April 3, the paper said. The fraud office will also question his brother and former managing director B. Rama Raju, former chief financial officer Srinivas Vadlamani and auditors S. Gopalakrishnan and Srinivas Talluri, it said. Satyam is at the center of the country's biggest corporate fraud inquiry.

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Disclaimer: The statements and articles listed here, and any opinions, are those of the writers alone, and neither are opinions of nor reflect the views of this Blog. Aggregated content created by others is the sole responsibility of the writers and its accuracy and completeness are not endorsed or guaranteed. This goes for all those links, too: Blogs have no control over the information you access via such links, does not endorse that information, cannot guarantee the accuracy of the information provided or any analysis based thereon, and shall not be responsible for it or for the consequences of your use of that information.
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