Harry's

Satyam officials arrested

Posted on: April 6, 2009

The Central Bureau of Investigation (CBI) arrested three top Satyam executives for allegedly aiding the Rs 8,000-crore Ramalinga Raju scam. The CBI DIG, Mr Lakshminarayana, said the vice-president (finance), Mr G. Ramakrishna, the general manager (finance), Mr D. Venkatapati Raju and Mr Srisaialam ahd been arrested.
They will be produced in the special court for CBI cases on Monday. “They were involved in making ficticious invoices, preparing fake balance sheets and were part of conspiracy,” said Mr Lakshminarayana. The CBI also seized laptops and computers of the officials that were suspected to be used used in fudging records.

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