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Sebi probes auditor, merchant bankers may be next in line

Published January 8, 2009, 10:16 pm, Business Standard India

The Securities and Exchange Board of India (SebiI) has ordered a full-scale investigation and inspection of the books of audit firm Price Waterhouse to ascertain if it was involved in manipulating the financial data of Satyam Computer Services.

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Sebi probes auditor, merchant bankers may be next in line - Business Standard
The probe may extend into investigating the role of merchant bankers to the American Depository Shares (ADS) issued by the company in May 2001 which coincides with the eight years during which the data was fudged, official sources said. The ...

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