Satyam CFO Vadlamani attempts suicide: Sources

HYDERABAD: Srinivas Vadlamani, the chief financial officer of Satyam who is also allegedly involved in the IT company fraud, attempted to commit suicide early this…

HYDERABAD: Srinivas Vadlamani, the chief financial officer of Satyam who is also allegedly involved in the IT company fraud, attempted to commit suicide early this morning, say market sources. But he is safe, sources add.


Disgraced former Satyam chairman Ramalinga Raju in his letter to Sebi and board of directors admitting fraud, had not absolved the CFO. His name is the only one missing from Raju’s list of those who are unaware of the real situation.


Interim CEO Ram Mynampati in a press conference on Thursday said that Vadlamani had put in his papers. The decision on his resignation is to be taken in January 10 board meeting. The CFO has been absconding from his home in downtown Malkajgiri for the last two days.


He is said to have attempted suicide in the house of some relative in Ameerpet area, sources said. Confirmation from the police about the incident is still awaited.