V.S. Prabhakar Gupta, Senior Vice-President cum Global Head of Audit cell of Mahindra Satyam (erstwhile Satyam Computers) was today (21st Nov’09) arrested by Central Bureau of Investigation on charges of fabricating books of accounts of Satyam Computers and conspiring with other co- accused to defraud the computer giant. Gupta was later produced in court and was remanded to judicial custody till 26th November. Gupta held the same position in the parent company.
The arrest came after the CBI team, which went to
Incidentally, Gupta is the 10th accused in the multi-crore Satyam scam along with two other accused from Price Waterhouse, three SCSL employees, the founder of Satyam Ramalinga Raju and his bother Rama Raju. All the accused are on judicial remand except Suryanaryana Raju, who is out on anticipatory bail.
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