Subscribe Feed (RSS)I do not what to say but this one is more shocking than satyam scam itself. In the Satyam scam, the Rajus have confessed to having forged the company’s fixed deposits documents, diverting as much as Rs 20 crore monthly from the IT company.
The public prosecutor said that the Rajus also confessed of holding more than 400 benami land transactions running into thousands of acres, and claiming that the strength of the company was 53,000 when it was actually only 40,000.
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-Tags: crime, fraud, satyam, satyam scam