The scam at Satyam Computer Services came to light on January 7, 2009, when Ramalinga Raju, then the company’s Chairman, admitted to manipulating the company’s accounts. Sebi’s probe also revealed that the individuals traded in the company’s shares during the period from January 2001 to December 2008 when in possession of unpublished price sensitive information about the firm’s adverse financial position.
| Subscribe To Our Free Newsletter |
