• search
For Hyderabad Updates
Allow Notification  

Satyam Fiasco: More arrests likely by AP Police

By Super Admin

Hyderabad, Feb 5: The Andhra Pradesh Police has said that there might be more arrests in connection with 7,500 crore fraud case of Satyam Computers, even as Securities and Exchange Board of India (SEBI) officials are interrogating Ramalinga Raju and his brother Ramaraju at the Chanchalguda jail here.

"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 said on Thursday, Feb 5.

"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.

The CID is taking help of experts of the National Informatics Centre (NIC) and Forensic Science Laboratory, besides IT experts within the department to retrieve the information.

He said, "the probe agency has been ordered by the court to share the information it has unearthed from the seized material with other Central investigating agencies like SEBI, the SFIO and the Income-Tax department."

"We are in the process of completing the scrutiny of the seized documents and retrieving data from the computers," he said.

Once the investigating agency completes its work of scrutinising the documents, more arrests will follow, the official indicated.

OneIndia News (With inputs from Agencies)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more