Satyam, Asatyam - Fraud on Investors - Tagged $ 2 Billions
Publisher's Description
The Author critically examines the latest scam in Indian Stock Market - once the darling of software stocks - Satyam Computer where its Chairman Mr Raju has admitted for wrong doing and manipulation of accounts for several years, showing the cash balance of over $ 1.2 billions that never existed. How come a firm of the repute "Price Waterhouse Cooper" could not see the missing billions of dollars in cash and bank balance when it was their most basic and fundamental job in Auditing. The scam removed almost 750 points in BSE index when it was showing distinct sign of recovery. Read more...
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Categories
business, people
Tags
fraud on investors / scam / satyam / raju / indian stocks / fraud / news & politics
Language
English
Privacy
Public (what does this mean?)
