Here are the biggest news of the day is coming direct from the Hyderabad that the founder of Satyam Computers Services accounting fraud.Today the Hyderabad court sentenced Ramalingam raju and his brother B Rama Raju for the 7 year jail including other 8 people. Ramalingam Raju found guilty.The biggest scam of Rs 5.5 crore after they were feeling guilty by a special court in the Rs 7000-crore accounting fraud that shock the corporate world six years ago.
According to Zeenews sources the Ramalingam Raju who is being throw in the jail.Touted as the country’s biggest accounting fraud, the scam had come to light on January 7, 2009, after Raju allegedly confessed to manipulating his company’s account books and inflating profits over many years to the tune of crores of rupees.
Ramalinga Raju Gets in Jail For 7 Years
Satyam founder Ramalinga Raju sentenced to 7 years in India’s biggest corporate scandal http://t.co/ogThw3nEOx pic.twitter.com/H3ngRKW0ll
— NDTV (@ndtv) April 9, 2015
#SatyamVerdict: All 10 including Ramalinga Raju found guilty http://t.co/kquC98Y5qj pic.twitter.com/QWSqp7LP6l
— HeadlinesToday (@HeadlinesToday) April 9, 2015
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