STOCK MARKET BSE NSE

Pricewaterhousecoopers Disappointed Over Satyam Case Verdict

Auditing firm PricewaterhouseCoopers on Thursday said it was disappointed over the special CBI court\'s order, holding two of its former partners guilty in the Satyam case.

Published: 09th April 2015 02:32 PM  |   Last Updated: 09th April 2015 02:32 PM   |  A+A-

By IANS

HYDERABAD:  Auditing firm PricewaterhouseCoopers on Thursday said it was disappointed over the special CBI court's order, holding two of its former partners guilty in the Satyam case.

S. Gopalakrishnan and Srinivas Talluri, two former partners of PricewaterhouseCoopers, were among the 10 accused found guilty by the special CBI court in India's biggest corporate fraud case.

The former auditors of Satyam Computer Services Ltd said they were disappointed.

"As we have said many times, there has never been any evidence presented that either of our former partners S. Gopalakrishnan or Srinivas Talluri were involved in or were aware of the management-led fraud at Satyam," said a statement from PricewaterhouseCoopers office in Bengaluru.

"We understand that Gopal and Talluri are considering filing an appeal against the verdict," it added.
 


Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp