CID closes in on ex-ISB dean, ex-Satyam CEO

TIME UP: Company says Mynampatti is in the US, meeting clients but sources say he may be in India.

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New Delhi: The noose is tightening around the former top officials of disgraced IT firm Satyam Computer.

After the arrest of former Chairman, former Managing Director and former CFO, the Andhra Pradesh police may arrest ousted CEO Ram Mynampati.

While the company says Mynampatti is in the US meeting clients, there’s speculation that he may be in hiding somewhere in Hyderabad.

There are also reports that CID is under immense pressure to not arrest Mynampatti.

Also on list of people likely to be arrested are former ISB dean Ram Mohan Rao and former cabinet secretary and a Satyam director T R Prasad.

T R Prasad might be arrested by evening.

Ram Mynampati, the former Satyam CEO, joined in the company in 1999 as Executive Vice President. He has also served the company as Chief Operating Officer.

He has also been the Director of the Stayam Computer Services since Aug 2006. Mynampatti has a computer science degree from California State University.