Finally Satyam’s Raju resigns shockingly admitting a massive Fraud and share...
I had told you Satyam’s Chairman Ramalinga Raju was actually Ravana and he was a goner…just read my blogs of December 17,2008 and December 19,2008…..You cannot believe this guy…he’s got a history of...
View ArticleNOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING!
Now Two More Serious questions need to be answered in this continuing Satyam Saga ! QUESTION NO 1 DID RAMALINGA RAJU INTIMATE LENDERS TO SELL HIS PLEDGED SHARES BEFORE RELEASING HIS CONFESSION LETTER...
View ArticleAUDITORS PRICE WATERHOUSE : Will Surely Pay the PRICE as there is not enough...
Within just one day of Satyam’s Promoter Chairman,Ramalinga Raju confessing to cooking up the Books, in his letter to the Board,the Auditing House and one of the ‘Big Four’,PRICE WATERHOUSE is already...
View ArticleSatyam Auditors, Price Waterhouse, issues a statement late today..Let’s put...
In this unfolding Satyam Saga unleashed by Chairman,Ramalinga Raju’s confession on fudging accounts for years,this evening we had their auditors,Price Waterhouse releasing a statement defending their...
View ArticleSATYAM : Seems Sunk and looks difficult to Save and Salvage as too many...
On Paper, as of September 30,2008 the Assets of Satyam were Rs 8300 crs…after adjusting for the overstated assets and understated liabilities as confessed by the now disgraced Promoter...
View ArticleSatyam is actually “Saat-Yama” !
Today the Media has been airing, what they attribute to sources,that the jailed and disgraced Promoter Chairman of Satyam,Ramalinga Raju,has disclosed on interrogation that he has been fudging the...
View ArticleAuditors Price Waterhouse….You are sealing your own Fate in this Satyam fraud!
The battered auditors of Satyam,Price Waterhouse,have just issued a letter dated January 13,2009 addressed to their Client,Satyam Computer Services Ltd and marked for the attention of the three New...
View ArticleWas this how Ramalinga Raju of Satyam hoodwinked the Auditing Firm of Price...
I am truly intrigued…sure all of you too are…. as to how Ramalinga Raju of Satyam got past the auditors,Price Waterhouse (PW) So when PW disclosed a few days ago that they had appropriate evidence to...
View ArticlePossible Nature of Phantom and Fictitious Accounting Entries in SATYAM
Disgraced and jailed Promoter Chairman,Ramalinga Raju, of Satyam,confessed on January 7, 2009 that there is a huge cash hole of Rs 5040 crs in the Balance Sheet of Satyam as on September 30, 2008 and...
View ArticleErnst & Young did Maytas Properties Valuation of Rs 6523 crs in just one Day !?
Just read a very interesting update on Maytas Properties in todays’ edition of Financial Express Maytas Properties is facing the prospects of the Government taking it over the Board,just as they did...
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