New charges in the Satyam scandal were laid by India’s Central Bureau of Investigation, for “creating fake invoices to inflate revenues by US$94 million and forging company board resolutions to obtain unauthorised loans worth US$265 million” according to this story in Accountancy Age. This comes after charges were laid on November 21 against the former [...]
Entries from December 2009 ↓
Internal audit at Satyam
December 9th, 2009 · No Comments
Category: Governance
Tags: Enron, fraud, India, internal audit, Satyam

