Sebi team starts questioning former Satyam CFO

Sebi team starts questioning former Satyam CFO
PTI
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First Published: Fri, Feb 20 2009. 02 04 PM IST
Updated: Fri, Feb 20 2009. 02 04 PM IST
Hyderabad: A team of market regulator Securities and Exchange Board of India (Sebi) on Friday started questioning former Satyam Computer chief financial officer Vadlamani Srinivas at the Chanchalguda central jail here, upon being permitted to do so by a local court.
The Sebi team reached the jail in the morning and began interrogating Vadlamani in connection with the Rs7,800 crore accounting fraud at the IT firm.
On Thursday, a five-member team, two officers from Mumbai and three from Chennai, interrogated and recorded the statements of PW’s S Gopalakrishnan and Talluri Srinivas.
The 6th Additional Chief Metropolitan Magistrate on 18 February allowed the market regulator to question Gopalakrishnan, Talluri Srinivas and Vadlamani Srinivas.
Earlier, on the direction of the Supreme Court, the market watchdog interrogated and recorded the statements of the company’s founder B Ramalinga Raju and his brother Rama Raju for three days from 4 February.
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First Published: Fri, Feb 20 2009. 02 04 PM IST