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Are there more ‘Satyams’ hiding?

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NEW DELHI: The confessional letter written by Ramalinga Raju in the first week of 2009 about the massive fraud perpetrated at the country's four the largest software company, Satyam, has opened a Pandora's box. The scam by Raju and his family could ultimately emerge as the mother of all corporate frauds in this country as even the initial investigations are revealing all kinds of manipulation. The story of greed will rope in many players apart from Raju and his family members as clearly this level of fraud needed many more associates to continue over a period of six or seven years. #doc
Vinod Jain

on 30 January 2009

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