Truth about Satyam: rise and fall of Ramalinga Raju
Satyam means truth, but Raju, who resigned as chairman on Wednesday, owned up to creating a tissue of lies
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I do not know how many rajus and harshad mehtas have come and gone in this celluloid world of finance. One fact remains same that neither governament nor public have learnt any lessons from above facts, may be they are harsh for those who have lost their precious and hard earned money. Instead of blaming Rajus or anybody who have been exposed for their misdeeds, we should look at those in the law holders who definately knew all these misdeeds and to some extent enouraged such acts. They are more punishable. In case of Satyam Mr. Ramalinga Raju admitted that the act was being carried out since 7-8 years. Do you mean to say nobody in the keepers of law were knowing all these acts and still kept mum? What has happened in US? around 1trillion $ frauds committed by various organizations which is affecting the whole world, is being covered up by their Govt by stimulus act. With all these one harsh lesson is that if you want an easy money do not get scared for loosinf yours too.
acharla
acharla