February 27, 2021

After Lifetime Ban on PwC Auditors, India Regulator Is Definitely Done With Satyam

The Indian Express:

The chapter of Satyam scam is finally set to close as far as the accounting regulator, ICAI, is concerned. The Institute of Chartered Accountants of India (ICAI) has imposed a life-time ban on four auditors — S Gopalakrishna, Talluri Srinivas, V Srinivasu and VS Prabhakara Rao — involved in the Satyam Computers accounting fraud. “The gazette notification regarding the decision would be issued in another ten days. With this we complete the job from our end,” K Raghu, president, ICAI, said.

This on top of the two guys that were already banned for life.

 

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