Satyam Raju Letter

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01/07/2009

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Ramalinga Raju committed a huge scam of over Rs 7,000 by cooking books of Satyam Computers and inflated its cash reserves.

Satyam Chairman Rama... (More) Ramalinga Raju committed a huge scam of over Rs 7,000 by cooking books of Satyam Computers and inflated its cash reserves.

Satyam Chairman Ramalinga Raju wrote a letter to stock ecxhanges and accepted the cooking of books.

This is another huge scam in the Indian corporate history.

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http://www.stockmarket... (Less)