CBI arrests 3 more Satyam executives

CBI arrests 3 more Satyam executives

CBI arrests 3 more Satyam executives

Based on the reports of Enforcement Directorate and its own agencies, the Central Bureau of Investigation (CBI) arrested three top Satyam Computer Services executives for allegedly aiding the Rs 8,000-crore Ramalinga Raju scam.

According to Lakshminarayana, DIG, CBI, three finance executives, G. Ramakrishna, vice-president (finance), D. Venkatapathi Raju , the general manager (finance), and Srisaialam, an executive of finance department, had been arrested and they will be produced in the special court for CBI cases on Monday.

The CBI sources say that these three were involved in making fictitious invoices, preparing fake balance sheets and were part of conspiracy to launder money. The CBI also seized laptops and computers of the officials that were suspected to be used in fudging records.

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