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: Securities Law Prof Blog

Satyam CEO Confesses to Accounting Fraud

By Securites Lawprof

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The CEO and founder of Satyam Computer Services, a leading Indian outsourcing company, announced that the company has inflated its earnings and assets for years. Ramalinga Raju said that about $1 billion of its reported cash and other assets were...

Full post as published by Securities Law Prof Blog on January 07, 2009 (boomark / email).

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