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Satyam CFO Srinivas Vadlamani Attempts Suicide

Satyam CFO Attempts Suicide

Srinivas Vadlamani, CFO of Satyam, who is thought to be involved in one of the major IT company’s scam, has attempted a suicide in a house in Ameerpet near Hyderabad.

Significantly, in Raju’s letter to Securities and Exchange Board of India (SEBI) and the company’s board of directors, the name of CFO is missing from the list of those who were ‘unaware of the real situation’.

Meanwhile the Andhra Pradesh state police may register a suicide case today.  K. Arvind Rao, Addl DG, (intelligence) declined to comment as per sources.

Srinivas Vadlamani, has been reported ‘missing’ from his home in Malkajgiri for the last couple of days. However, interim CEO — Ram Mynampati in a press conference on Thursday said that Vadlamani had put in his papers. The decision on his resignation will be taken in board’s meeting to be held tomorrow, the media had been informed.

Sources: TOI /  CXOtoday / ET / CIOL