Rediff India Abroad
 Rediff India Abroad Home  |  All the sections


The Web

India Abroad

Sign up today!

Get news updates:

Home > India > Business > Business Headline > Report

   Discuss   |      Email   |      Print   |   Get latest news on your desktop

More arrests likely in Satyam fraud case

February 05, 2009 13:30 IST

Related Articles
The Satyam fiasco: Complete Coverage

Even as Sebi officials are quizzing Satyam [Get Quote] Computer founder B Ramalinga Raju and his brother Rama Raju at the Chanchalguda jail here, the Andhra Pradesh police are likely to make more arrests in the Rs 7,800-crore fraud involving the IT major.

CID officials investigating the case have not ruled out more arrests in about a fortnight.

"We are constantly scrutinising the seized documents and trying to retrieve data from the hard-disks and laptops recovered during the raids of residences and offices of Satyam officials including its former chairman B Ramalinga Raju," a senior CID official probing the Satyam fraud told PTI on Thursday.

There are over 25 trunks loaded with seized documents and "we are putting all our efforts to scrutinise (them) with the help of financial experts," the CID official said.

To retrieve the data from the seized computers, the CID has been taking the services of experts of the National Informatics Centre (NIC) and Forensic Science Laboratory, besides IT experts within the department, he said.

He said the probe agency has been ordered by the court to share the information it has unearthed from the seized material with other Central investigating agencies like Sebi, the SFIO and the Income-Tax department.

Powered by

   Email   |      Print   |   Get latest news on your desktop