CBI claims new facts have come in Satyam case | business | Hindustan Times
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CBI claims new facts have come in Satyam case

The CBI on Wednesday told the designated court hearing the Satyam accounting fraud case that accused have exclusive knowledge about the offence and they have disclosed several new facts during their seven-day custody which ended yesterday.

business Updated: Mar 18, 2009 22:49 IST

The CBI on Wednesday told the designated court hearing the Satyam accounting fraud case that accused have exclusive knowledge about the offence and they have disclosed several new facts during their seven-day custody which ended on Wednesday.

Seeking two more days of custody of accused, the agency said it has seized loads of documents and is yet to confront the accused, particularly Raju brothers and V Srinivas, with the seized documents.

The XIV Additional Chief Metropolitan Magistrate had earlier granted CBI the custody of Satyam founder B Ramalinga Raju, his brother and company's former MD Rama Raju, Satyam's former CFO V Srinivas and two PwC auditors S Gopalakrishnan and T Srinivas for 7 days. Their custody ended yesterday.

The CBI counsels told the court that the agency has seized 50 trunk load documents besides digital records including pen-drives containing several megabyte of data.

They further informed the court that the accused have exclusive knowledge about the offence which was committed using technology.

The CBI also said it has recovered documents of five different banks from the premises of Satyam Computers, forged and later used for fudging the accounts, they said.