Chennai police have confirmed the arrest of H&M’s
ex-chairman V Ramachandran, CEO & MD GK Muralikrishna, and director
Sai Yerra subsequent to our report
The Economic Offences Wing (EOW) of Tamil Nadu police has reportedly
arrested three directors of Helios and Matheson Information Technology
(H&M) for failing to repay deposit and interest to several
depositors. Those arrested by the EOW include, H&M’s former chairman
V Ramachandran,