UNION GOVERNMENT ORDERS SFIO PROBE IN TO SATYAM FRAUD

The Union Government on 13 th December 2009 ordered the Serios Fraud Investgation Office (SFIO) to probe the scam in Satyam Computer Service in view of grave nature of the economic offences committed by the Hydrabad based IT major. The SFIO will submit its report in three months. The SFIO will look in to entire gamut of irregularities and other related anomalies in books of accounts and other acts of commission and omissions. The Agency also investigate all the aspects and role of directors, auditors and all