Raju

A bank manager, testifying before a local court trying Satyam scam case, today said fixed deposit receipts and amounts given in the documents pertaining to his bank, which were seized by the CID last year, were fake. According to A Sebasen, BNP Parib Full Article

New Delhi, Nov. 9 The Supreme Court on Tuesday dismissed the petition of Satyam's founder-chairman Mr B. Ramalinga Raju asking for extending Wednesday's deadline for his surrender. As a reason for extension of the deadline to surrender, Mr Raju, in Full Article

Disgraced Satyam chief B Ramalinga Raju could be ruing his fate after the Supreme Court on Tuesday cancelled his bail but the apex court’s directive has brought a smile on the face of the state prison chief. The state prisons department is toying wit Full Article

CBI on Monday moved Supreme Court seeking cancellation of the bail granted bail to B Ramalinga Raju, tainted founder of Satyam Computer Services, by Andhra Pradesh High Court in Rs 14,000-crore (Rs 140-billion) scam. The probe agency has challenged the high court decision contending that Raju, who was the Chairman of the company, may influence the witnesses majority of whom are his former employees. Full Article

The Satyam scam had its auditors PWC red in the face. Raju had cooked the books for many years and did the auditors fail or were partners in the crime, is for the investigative agencies to find out.But life must go on for Satyam and that’s why the new management is making important changes on [...] Full Article

The Satyam fraud case is top priority of the government, and the investigating agency, the Serious Fraud Investigation Office (SFIO), has been asked to put the prosecution on fast track, Minister of State for Corporate Affairs (independent charge) Salman Khurshid said here Friday. “The case is required to be put on the fast track so [...] Full Article

Uttam Prakash Agarwal, president of Institute of Chartered Accountants of India (ICAI), has been in focus lately, handling queries on the role of auditors in the Satyam Computer fiasco. Agarwal, who is also chairing the six-member high-level committee set up by ICAI to look into the Satyam scandal, talked to Vivek Seal of DNA on [...] Full Article

The Serious Fraud Investigation Office (SFIO) investigating into the multi-thousand crore Satyam scam has found that the IT company’s Bank of Baroda’s (BoB) New York branch account was used to cook up its balance sheet. CNBC-TV18’s Pranshu Sikka reports. The SFIO has recommended an investigation into Bank of Baroda’s role in the Satyam scam. A [...] Full Article