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| Investigations into Satyam fraud almost over: Khurshid |
| Press Trust of India / Hyderabad Aug 21, 2009, 16:05 IST |
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Corporate Affairs Minister Salman Khurshid said today investigations into the multi-crore accounting fraud in Satyam Computer is almost complete and a final report from the Enforcement Directorate and the Internal Revenue Services is awaited.
“The investigation as far as CBI and Ministry of Corporate Affairs is concerned they are more or less over, and may be some minor things still to be done,” Khurshid told reporters on the sidelines of a national conference on corporate governance here.
“I think we have got enough material for prosecution and that’s why a chargesheet is filed. We have permission to file additional chargesheets on information that’s made available in last few weeks and it will be done,” he said.
The minister said for expeditious prosecution a fast-track court has been sought from the High Court. “The High Court in principle has agreed to do that and as soon as the court will notify, the matter will proceed further,” he said.
Replying to a query, Khurshid said he did not see any serious concern or problem with regard to criminal liability as far as the company itself is concerned.
“There are problems for them as far the American litigation is concerned. They are in touch with us on how we can be of further help. We certainly will examine it. They seem to be doing well and we are happy that they are doing well,” he added.
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