NEW DELHI (AP) - Indian police arrested the chief financial officer of embattled outsourcing giant Satyam Computer Services Ltd. on Saturday, the third executive to be charged in a massive fraud scandal that threatens to roil India's flourishing tech industry.
The arrest of Vadlamani Srinivas came as authorities tried to contain the $1 billion fraud scandal by dissolving the company's board, including the interim head, and announcing plans to name 10 new replacements.
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