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 [...]

January 8th,2009 | Category:ACCOUNTING FRAUD/SCANDALS,Malaysia &Asia Pacific | Leave a comment