27 involved in Satyam scam, more arrests likely

New Delhi: Satyam’s Raju brothers spent another night in jail on Monday after the court deferred their bail hearing till January 16.

But Satyam case continues to throw up more muck. Sources tell CNN-IBN 27 others might be involved in the scam and there could be more arrests later on Tuesday or Wednesday.

Disgraced Satyam chairman Ramalinga Raju and former Chief Financial officer of Satyam Srinivas Vadlamani spilled the beans on the CID on Monday.

CNN-IBN has exclusive access to the interrogation records, which indicate that more heads will roll in connection with the scam.

Vadlamani has pointed to the auditors and while his confessions are not admissible in court, they are expected to give investigators crucial leads.