Evading arrest? Satyam says Mynampati is in the US

In a major development in Satyam scandal on Tuesday morning, ex- CEO Ram Mynampati, who is believed to be in the US right now, may be arrested after questioning. More heads are expected to roll in connection with the biggest corporate scandal reported last week and the needle of suspicion is being pointed at 27 others.

TV reports said CID is under pressure not to arrest Mynampati. CID denied the reports that Mynampati was in the US. He is very much in Hyderabad and was spotted yesterday in his office after new Board addressed media, CID source told CNN IBN. His arrest is imminent, CID told the TV channels.
Mynampati meeting clients
Satyam Contradicting CID claims was a press statement issued by Satyam PR firm that said Mynampati is in the US. A Satyam spokesperson said Mynampati was meeting clients in the US and the reports of his arrest and interrogation were not true.Mynampati also spoke to the three-member new board of the company Monday from the US via video conference, she said. "I don't know when he went to the US," the spokesperson told IANS.Mynampati was acting as interim CEO of the company after B. Ramalinga Raju resigned as chairman on Jan 7 while admitting the massive fraud. Mynampati, who was on the board of directors since 2006, addressed a news conference on Jan 8 along with other top executives and denied knowledge of the fraud.He might have left for the US on Jan 9 to meet clients to allay their apprehensions in the wake of the fraud, the spokesperson added.The new board constituted by the central government told the media Monday that Mynampati was no longer CEO or board member but said he continued to be an employee of the company.