SC Notice to Satyam Fraud Accused on CBI Plea

New Delhi
SC Notice to Satyam Fraud Accused on CBI Plea
The Supreme Court today issued notices to Subramani Gopalakrishnan, partner of the global auditing firm PriceWaterhouse (PW) and V S Prabhakar Gupta, internal audit head of scam-hit IT firm Satyam Computers, over a plea by CBI seeking cancellation of their bail granted by the Andhra Pradesh High Court.

A bench of justices P Sathasivam and B S Chauhan issued notices to Gopalakrishnan and Gupta directing them to file their replies by April 13.

Additional Solicitor General H P Rawal, appearing for CBI, said the apex court had on October 26 last year cancelled the bail granted to B Ramalinga Raju, the founding chairman of Satyam Computers (now Mahindra Satyam), and five others.

He submitted that accordingly, bail granted to Gopalakrishnan and Gupta too should be cancelled on the basis of the apex court's order.

Appearing for Gopalkrishnan, senior advocate Mukul Rohatgi opposed the CBI plea, contending the invstigating agency has come to the apex court almost ten months after the high court had granted bail to his client.

He said the high court had given the bail in June 2010 and the probe agency has come to the Supreme Court in April 2011.
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