The Supreme Court granted bail to former Satyam CEO B Ramalinga Raju and two others on Friday. Raju has been in jail for two years and eight months.
PricewaterhouseCoopers auditors, Subramani Gopalakrishnan and Srinivas Talluri, accused in the Rs 14,000 crore Satyam accounting fraud, today received a jolt as the Delhi High Court today rejected their pleas against the disciplinary proceedings initiated by the ICAI.
Institute of Chartered Accountants of India (ICAI) on Satyam Computers' (now Mahindra Satyam) multi-crore accounting scam said on Monday that the Delhi high court has allowed proceedings against two former auditors of PricewaterhouseCoopers, Subramani Gopalakrishnan and Srinivas Talluri.