Accounting Fraud

Satyam scam verdict: Will court do justice to defrauded Indian shareholders?

Indian shareholders have been taken for a royal ride as there were no provision to file class action suits in the country then

Satyam scam: Raju found guilty but size of sentence is what really matters

If Ramalinga Raju is not given a substantial jail term it will seem as if the downside risks of for swindling shareholders and other stakeholders are too low. It will not discourage future corporate fraud and cronyism.

Satyam settles Aberdeen Global, other claims for Rs 369 cr in accounting fraud

The claims included certain allegations of "fraudulent misrepresentations" said to have been made by the former management of Satyam in London, it added.