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Satyam scam: ICAI wants CBI, Sebi to share info
April, 26th 2010

Accounting regulator ICAI has requested investigation agencies CBI and SFIO and market regulator Sebi to share evidences against PriceWaterhouse auditor Srinivas Talluri in the Satyam case, at the forthcoming disciplinary committee proceedings.

"We require help of the CBI and SFIO. We have written to them. We have written to Sebi also. We have requested them to be our witness.

They have the records so we have asked them to be witnesses for us," Institute of Chartered Accountants of India (ICAI) president Amarjit Chopra told PTI.

The ICAI had initiated the disciplinary proceedings against two PW auditors Talluri and S Gopalakrishnan for their involvement in the Satyam accounting fraud estimated to be of the order of Rs 10,000 crore.

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