BUSINESS

R Prasad ready to face arrest

Source:PTI
January 14, 2009 12:26 IST

T R Prasad, former cabinet secretary and ex-independent director of scandal-hit Satyam Computer Services on Wednesday said, he is in Delhi at present and is ready for interrogation by any investigative agency.

In a statement to PTI, Prasad said, "I am in Delhi presently, I appeal through this statement that if any investigative agency would like to interrogate me or is empowered to arrest me, kindly send a message to my email id... so that I can extend full cooperation to them".

Responding to media reports saying that he is likely to be arrested, Prasad said, "So far no investigative agency has contacted me."

"As a former cabinet secretary to the government, I am fully conscious of a citizen's duties and responsibilities to cooperate with any investigative agency and comply with all court orders," he added.

Prasad said, he had relevant material with him to establish that while serving as an independent director on Satyam board, he had faithfully discharged the responsibilities of such a director, as laid down in the judgment of the Bombay High Court, referred to in Shri Naresh Chandra committee report.

Prasad had on Tuesday quit the boards of GMR Infra, TVS Motors and several other firms with which he was associated.

The Satyam fiasco: Complete coverage

Source: PTI
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