It is early days yet, so it's difficult to say if Ramalinga Raju will be convicted in the Satyam fraud case, and how many years of imprisonment he'll get. Certainly past history, with cases going back to Harshad Mehta, suggest he'll get away lightly, but why be pessimistic, maybe India has changed? The point, however, is that even if Raju is sentenced to jail for the rest of his life, how does it help the investors he's duped — indeed, his family members will continue to live in style. If the PriceWaterhouse auditors are convicted, how will this help investors ? Read further in here >>
Tuesday, May 12, 2009
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