Andhra police get custody of two Satyam auditors
By IANSMonday, February 2, 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.
PriceWaterhouse is the Indian arm of the US-based PricewaterhouseCoopers (PwC).
The court also dismissed the bail plea of the two suspended officials, who had been sent to judicial custody till Feb 6 on Jan 24.
The court will give its ruling on the bail plea of former SRSR Advisory Services general manager Gopalakrishnam Raju on Feb 6.
SRSR Advisory was floated by disgraced Satyam founder B. Ramalinga Raju to manage the family’s stake in the company.
Gopalkrishnan and Talluri were arrested Jan 23 by the CID for their alleged role in the Rs.70-billion (Rs.7,000/$1.43 billion) Satyam fraud under section 120b (criminal conspiracy) of the Indian Penal Code (IPC).
The CID Jan 13 raided the Hyderabad office of PriceWaterhouse and seized several documents and records relating to Satyam accounts.
