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Byrraju Ramalinga Raju (born 16 September 1954) is an Indian businessman. He is the founder of Satyam Computer Services and served as its chairman and CEO from 1987 until 2009. Raju stepped down following his admission to embezzlement from the company to the tune of ₹7,136 crores (approximately US$1.5 billion), [1] including ₹5040 crores ...
Jan 7, 2019 · The former CEO and Chairman of Satyam Computers, who admitted to have inflated the company's revenue, is out on bail and mentoring his sons. His family businesses are flourishing, while his properties are attached by authorities.
A special CBI court on Thursday sentenced B Ramalinga Raju, his two brothers and seven others to seven years in prison in the Satyam fraud case.
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On 7 January 2009, the chairman of Satyam, Byrraju Ramalinga Raju, resigned, confessing that he had manipulated the accounts of Rs 7,000 crore in several forms. The global corporate community was said to be shocked and scandalised.
Apr 9, 2015 · HYDERABAD | MUMBAI | BENGALURU: B Ramalinga Raju has been found guilty of embezzling from the IT company he founded in a verdict that was widely expected, bringing to a close the trial in India’s most high-profile case of corporate fraud.
Apr 9, 2015 · Six years after the biggest accounting fraud shook the corporate world in India, Satyam chief B Ramalinga Raju was on Thursday sentenced to 7 years in jail and was fined Rs 5 crore by a special ...
Apr 9, 2015 · Satyam scandal prime accused B Ramalinga Raju, once the poster boy of the ITeS industry, and his brother B Rama Raju were sentenced Thursday to seven years rigorous imprisonment and fined Rs 5.5 crore each after they were convicted by a special court in the Rs 7,800-crore accounting fraud that shook the country six years ago.
