Satyam scam: The mega corporate fraud

January 25, 2009 by admin · Leave a Comment
Filed under: Finance 

Ramalinga Raju and his brother Rama Raju, accused of committing a Rs40 billion fraud that threaten to shake the very foundation of Satyam Computers, are in jail. The government had appointed Tarun Das, T N Manoharan and S Balkrishna Mainak, on Satyam’s board, which already had Deepak Parekh, Kiran Karnik and C Achuthan.
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