The Central Bureau of Investigation will file its final chargesheet on the Rs 14,000-crore Satyam fraud after receiving responses to the Letters of Rogatory (LoR) seeking information in this regard from six countries, Parliament was informed today.

The CBI is reported to have sent LoRs — a formal request sent from the court of one country to a foreign court for judicial assistance — to six countries: the US, the UK, Belgium, British Virgin Islands, Mauritius and Singapore.

“CBI has issued Letters of Rogatory to six countries. Since chargesheets will be filed after getting the information from these countries, no time limit can be indicated,” the Minister of State for Corporate Affairs, Mr RPN Singh, said in a written reply in the Lok Sabha.

Mr Singh was replying to a question on by when the CBI was expected to file final chargesheets on the Satyam scam.

Mr Singh further informed Parliament that the Serious Fraud Investigation Office (SFIO), along with the CBI and the Enforcement Directorate, was still probing the diversion of funds and the role of individual directors in the scam that came to light in January 2009.

He added that the Institute of Chartered Accountants of India is yet to punish the six CAs involved in the scam and disciplinary proceedings are underway.

In January 2009, the Satyam founder and former chairman, Mr B. Ramalinga Raju, had confessed of having cooked the books of the company for several years. Mr Raju is at present behind the bars and cases relating the scam are being tried at a special court in Hyderabad.

Related Topics