CBI ends Satyam scam probe

Hyderabad, Nov. 24: The CBI has concluded its probe into the Satyam accounting scam by filing the 200-page supplementary chargesheet on Tuesday. However, the agency will file more charge-sheets soon on diversion of funds of Satyam Computers and the fraud relating to filing of Income Tax returns.

“We will file separate charge-sheets as these acts amount to distinct offences,” said the CBI DIG, Mr Lakshminarayana.

The CBI filed the supplementary charge-sheet in the Fourteen Additional CMM court at Nampally against the 10 accused including the former Satyam chairman, Mr Ramalinga Raju, and Mr V.S. Prabhakar Gupta, the global head of Internal Audit, who was arrested two days ago.

Mr Gupta has been charged with breach of trust, forgery, cheating and fabrication of accounts. The first charge-sheet in the case was filed on April 7. The supplementary charge-sheet cited 1,549 additional documents, 301 additional witnesses and nine material objects. The documentation runs into 55,000 pages.

The multi-disciplinary investigation team which probed the scam comprised of officials of the CBI, the income tax department, enforcement directorate and the Reserve Bank of India.