Former Satyam CFO, PW auditors guilty: ICAI

Besides, ICAI has also found audit firms — Price Waterhouse, Kolkata and Price Waterhouse, New Delhi — prima facie guilty of misconduct.

“The Director (Discipline) has found two officials of Satyam Computer, Price Waterhouse and its four auditors prima facie guilty of professional misconduct in the Satyam case,” ICAI President, Uttam Prakash Agarwal, told PTI here.

Two Satyam officials found “prima facia guilty” are Ex CFO V Srinivasu and Senior Vice-President, Internal Audit Cell, V S Prabhakara Gupta. It also found four Price Waterhouse, Bangalore auditors guilty.