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Browse: Home / 2014 / December / 09 / ‘Laws of the Land’ Finally Catching Up to Former Satyam CEO, Part II | Compliance Week

‘Laws of the Land’ Finally Catching Up to Former Satyam CEO, Part II | Compliance Week

By Securities Docket on December 9, 2014, 1:33 pm

Yesterday, an Indian trial court sentenced Ramalinga Raju, former chairman and CEO of Satyam Computer Services, as well as his brother and three others to six months in prison and fines for their role in the massive financial fraud that is regarded as “India’s Enron.” A verdict in a second case against Raju with potentially harsher consequences is expected on December 23.

via ‘Laws of the Land’ Finally Catching Up to Former Satyam CEO, Part II | Compliance Week

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Posted in Global, Top | Tagged Financial Fraud, Satyam

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