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Satyam fraud: Full text of Raju's letter to board

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  • (B Ramalinga Raju)

    Copies marked to:

    1. Chairman SEBI

    2. Stock Exchanges.

    Previous2345
    cause of fraudBy: Abhishek kumar | 19-Jun-2009 Reply | Forward the fraud done by ramalingaraju give us a idea of connection between economics and politics. these two fields r different in seeing but some how they r related.Since without political help this fraud is immpossible.it also show weakness ofour bankig system. goverment have to tke total responsibity of it and form hard law so it will not repeat in any other company.
    satyam auditingBy: vishnu | 01-May-2009 Reply | Forward satyam chairman ramalingaraju had shown an iproper balance sheet 2 pwc since 2002 and it is paying taxes to the govt of india from past 7 years on their fictious profits . then what had been doing by the IT Dept in that period . was not it enquired about their profits and what about the invoices had shown by the satyam.was it in hibernation stage at that time.is there any relationship between big fishes in govt of india and satyam fraud
    what about other company , they also nt innocent, wait n watchBy: noopur berge | 27-Mar-2009 Reply | Forward india's biggest fraund can't be done by a single person, lots of higher authority people are engaged in this fraud, being a fourth largest company it did fraund of 7136 cor . nw there is a ques for top 3 company !!!
    scam is shameBy: tanu | 09-Feb-2009 Reply | Forward i think Raju should not be given priviliged facilities at jail as the crime committed by him is similar to the terrorist attack, an attack on the interest of the stakeholders.
    FUTUREBy: prasanth | 28-Jan-2009 Reply | Forward my God such a lot money..the government should take steps to bring out all the black money in india and show the many hidden faces of black sheep like Raju
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