ICAI take Action against ex-CFO in Satyam case within week
Accounting regulator the Institute of Chartered Accountants of India (ICAI) today said it would decided the case concerning former CFO of Satyam Computer in the Rs 14,000-crore accounting scam within a week.
“The disciplinary committee of ICAI will take a decision based on the available documents against ex-Satyam CFO. The report will be finalised by the Committee with a week’s time,” said president of ICAI G Ramaswamy.
Srinivas Vadlamani was CFO of the Satyam Computer Services (now Mahindra Satyam) at the time when its founder chairman B Ramalinga Raju admitted to fudging the account books of the company....
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