May.21, 2010, 15:23 hrs IST,PTI

HYDERABAD: The Enforcement Directorate, probing the multi-crore financial fraud in Satyam Computers, under the provisions of Prevention of Money Laundering Act (PMLA) has completed 90 per cent of investigations and will file a chargesheet soon, a senior official said.

"We have completed 90 per cent of investigations into the money laundering and will file a separate chargesheet soon in a local court," a senior official of the Enforcement Directorate here told PTI.

The Enforcement Directorate, the agency under the finance ministry exclusively dealing with violations of foreign exchange regulations, is part of the multi-disciplinary investigation team probing the Satyam accounting scam involving its founder B Ramalinga Raju and others.

The ED had last year interrogated prime accused in Satyam fraud case Ramalinga Raju, his brother and former Satyam MD Rama Raju, ex-CFO Vadlamani Srinivas, former PriceWaterhouse (PW) auditors - S Gopalakrishnan and T Srinivas under the provisions of the Prevention of Money Laundering Act.

The Department has also recorded statements of four Satyam (employees) accused last month.

The ED, has also sought details of bank accounts of erstwhile Satyam Computers, through Letter Rogatory (a request for legal assistance) prepared by the Department which were sent to 34 countries, by a local court here recently.

Satyam had floated American Depository Receipts (ADRs) for a consideration of 152 million USD in 2001. Total proceeds had to be repatriated in 6 months-1 year period, the official said, adding "We are investigating whether this amount was brought back or not."