Archive for January, 2009
Indian Enron : The USD1 Billion Accounting Fraud At Satyam
Recently, the accounting fraud of Satyam rocked the world. Some even named it as Indian Enron. The fraud is India’s biggest corporate scandal since the early 1990s and its first high-profile casualty since the start of the global financial crisis.
Actually before this accounting fraud is revealed, Satyam in recent months has been under close scrutiny, [...]
January 8, 2009
Posted in: ACCOUNTING FRAUD/SCANDALS, Malaysia & Asia Pacific
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