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Satyam Scandal: Timeline

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Everything you wanted to know about the Satyam scandal and were either afraid to ask or too lazy to lookup.

The chairman of India’s Satyam Computer Services on Wednesday confessed to fixing the IT outsourcing company’s books for the past “several” years, the country’s first major fraud case to emerge following the global financial crisis. Below are the recent events that led to Ramalinga Raju’s resignation.

[FT]

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  • kancheong spider

    Come on ....he is not really a dishonest man....he just was a little bit over zealous in using the age old "Indian" Invention of the number "0". I mean this guy should be given an award he is truely representative of Indian Culture and works towards spreading it.
    So $000000100 became $ 100000000.No big deal..."Some call it accounting Manipulation ,We at satyam call it wealth creation".

    Well most of the wall street dudes did it and got away with it...sadly for Mr.Raju he is taking the blame for someone else's problem...so typically desi.

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