TheIndian Central Bureau of Investigation (CBI) has
chargednine people over the $1bn accounting
fraud at Indian IT service provider Satyam.
The CBI has filed a 300-page charge sheet in relation to the
fraud, citing 433 witnesses and 1,532 documents.
The charges have been made against nine individuals. These
include former chairman B. Ramalinga Raju, his brother and the then
managing director B. Rama Raju as well as Vadlamani Srinivas who
was chief financial officer.
The accused have been charged for offences of criminal
conspiracy, cheating, cheating by personation, forgery of valuable
security, forgery for the purpose of cheating, using a forged
document as genuine, falsification of accounts, and for causing
disappearance of evidence.
Satyam, which is in the process of
being sold by a government appointed board, has been at the
centre of a scandal since former chairman Ramalinga Raju admitted
in January that he had falsely reported the company's results for
years.