‘Satyam Scam Tip of Corporate Fraud Iceberg’
As more facts come to light, it becomes clear that Raju and his family have been spiriting cash out of the company since 2001, if not earlier, through an elaborate, well-ramified set of arrangements and manoeuvres, including forgery, inflating expenses, stripping assets, and manipulating income, inventory value and profits.
They have shattered the myth that the [...]
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