Entries from December 2009 ↓

Internal audit at Satyam

December 9th, 2009 · No Comments

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 [...]

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Category: Governance
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