The two Price Waterhouse (PW) auditors, S Gopalakrishnan and Srinivas Talluri, who were arrested by the Criminal Investigation Department (CID) of the Andhra police, were sent for judicial custody till February 6, 2009.
The duo, arrested by the CID sleuths on Saturday evening for questioning in connection with the Rs 7,800-crore financial fraud at Satyam Computer Services, were produced before the sixth additional chief metropolitan magistrate late on Saturday night. They were charged under Sections 120B (conspiracy) and 420 (cheating).
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Gopalakrishnan is PW's chief relationship partner and Talluri its engagement leader. Gopalakrishnan was one of the auditors who signed the tainted Global Trust Bank balance sheet. The case remains under investigation by the disciplinary committee of Institute of Chartered Accountants of India, or ICAI, which regulates the profession in the country.
