Satyam Computers under India’s biggest company fraud scam. Chairman steps down admitting it.
As a further development in this story, the erstwhile chairman Ramalinga raju has surrendered to the Andhra Pradesh Police on Jan 9th. Raju has been arrested under the Indian Penal Code sections 120B, 409, 420, 468 and 471. These sections correspond to forging, falsifications of the records , criminal breach…