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More arrests likely in Satyam fraud case: police

Even as SEBI officials are quizzing B Ramalinga Raju and his brother Rama Raju, the Andhra Pradesh police are likely to make more arrests in the Rs 7,800 crore fraud involving the IT major.

Updated on: Feb 05, 2009 03:48 PM IST
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Even as SEBI officials are quizzing Satyam Computer founder B Ramalinga Raju and his brother Rama Raju at the Chanchalguda jail in Hyderabad, the Andhra Pradesh police are likely to make more arrests in the Rs 7,800 crore fraud involving the IT major.

HT Image
HT Image

CID officials investigating the case have not ruled out more arrests in about a fortnight.

"We are constantly scrutinising the seized documents and trying to retrieve data from the hard-disks and laptops recovered during the raids of residences and offices of Satyam officials including its former chairman B Ramalinga Raju," a senior CID official probing the Satyam fraud told PTI on Thursday.

There are over 25 trunks loaded with seized documents and "we are putting all our efforts to scrutinise (them) with the help of financial experts," the CID official said.

To retrieve the data from the seized computers, the CID has been taking the services of experts of the National Informatics Centre (NIC) and Forensic Science Laboratory, besides IT experts within the department, he said.

 
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