Submitted by: Submitted by kisantango
Views: 311
Words: 872
Pages: 4
Category: Business and Industry
Date Submitted: 09/15/2011 10:43 AM
FRAUDS
JEEP PURCHASE 1948 80 LAKHS
BHU FUNDS 1956 50 LAKHS
MUNDHRA SCANDAL 1957 1.2 CR
TEJA LOANS 1960 22 Cr
KUO OIL DEAL 1976 2.2Cr
HDW COMMISSIONS 1987 20 Cr
BOFORS PAY-OFF 1987 65 Cr
ST KITTS FORGERY 1989 9.45CR
AIRBUS SCANDAL 1990 2.5 Cr PER WEEK
SECURITIES SCAM 1992 5000 Cr
INDIAN BANK RIP- OFF 1992 1300Cr
SUGAR IMPORT 1994 650Cr
JMM BRIBES 1995 1.2 Cr
IN A PICKLE 1996 10LAKHS
FODDER SCAM 1996 950Cr
CRB SCAMS 1997 1000Cr
STOCK MARKET SCAMS 2001 1,15,000Cr
STAMP PAPER SCAM 2003 30,000Cr
SCORPENE SUBMARINE SCAM 2005 18,978 Cr
ALI KHAN TAX DEFAULT 2008 50,000Cr
SATYAM SCAM 2008 10,000Cr
2-G SPECTRUM SCAM 2008 1,76,000Cr
RICE EXPORT SCAM 2009 2500Cr
ORISSAMINE SCAM 2009 7000 Cr
COMMONWEALTH GAMES SCAM 2010 40,000 Cr
ILLEAGLE MONEY IN SWISS ACCOUNTS ESTIMATED IN 2008 71,00,000Cr
TOTAL MONEY LOST THROUGH CORRUPTION
Rs. 9106,03,23,43,00,000/-
USD : 20.23 TRILLION
Introduction
* Satyam a leading global business and information technology company, delivering consulting, systems integration, and outsourcing solutions to clients in over 20 industries.
* Satyam Computer Services Ltd was founded in 1987 by B.Ramalinga Raju.
* The company offers information technology...