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Q.

What is satyam scam?when?

Tags: money, education, news & events
Asked by Priyanka, 09 Oct '09 09:35 pm
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Answers (5)

1.

Surprise ! how you don't know about the greatest scam in ministry of co-operate affairs ?
anyway, ramalinga raju, a m.b.a.; son of satyanarayan , was the chairman of satyam ,a famous i.t. company, planned previously with his gang & reported manipulated balancesheets to the board & withdrawn more than 8,000 crores rs. from this company.
raju ramlinga established another firm 4 his sons , by this money, by the name of maytas, just opposite of satyam, to remain itself associated with satyam.
raju tried many times to hide his scam but he realised in january,2009 that he is fully incapable to hide his scam for a long time, so he surrendered himself against the concerned authorities to minimise his punishments.
now, he is in jail, but no any problem with satyam shares as tech mahindra had bought this company in open bid.
Answered by sanjeev bansal, 09 Oct '09 09:52 pm

 
  
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2.

It is history now. read about it in google. type satyam sca, in google search and u will get full details which are toooooooooooooooooo long to be given here
Answered by iqbal seth, 09 Oct '09 10:30 pm

 
  
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3.

Ramlingam raju mis appropriated 7000 crores company money.
Answered by Damodar Biswal, 09 Oct '09 09:41 pm

 
  
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4.

Satyam ke chairmen raju ne yeh scam kiya tha with PW&C ke sath apni galat balance sheet bana kar isi saal january mahine me yeh scam samne aaya tha
Answered by kamal purohit, 09 Oct '09 09:40 pm

 
  
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5.

Mr.rama lingam raju who has done it......he was boss of satyam n he do it.............from many years he present false balance sheet which has wrong credit n wrong money deposits...........which they dont have...............
Answered by krunal modi, 09 Oct '09 09:36 pm

 
  
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