Frauds

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...