Ramalinga Raju founded Satyam Computers in 1987 and resigned in 2009 after admitting to an accounting fraud of $1.5 billion. He had falsified Satyam's accounts for several years and misused investor funds, diverting them to his family's businesses Maytas Infra and Maytas Properties. Raju was arrested along with his brother and former Satyam managing director for offenses including breach of trust and insider trading. The Satyam scam shocked investors and damaged India's reputation due to its massive scale and auditors' failure to detect the fraud for many years.

1. A
Presentation
on
Satyam Scam
Presented To : Miss Komal madam
Presented By : Nirali Bavishi
MAM : 1
En. Roll No. : 03
Smt. S. H. Gajera MBA Mahila college

2. 88
Satyam
scam
Satyam
scam
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3. INTRODUCTION
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4. Who is b. Ramalinga Raju
o Born
o Family
o Residence
o Nationality
o Occupation
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5. The Rise of Satyam
5
Year Satyam rise
1987 Satyam Computers Pvt. Ltd. Born.
1991 June - First Fortune 500 Client.
August - Converted into Public Ltd. Co.
1994 The Big Break- Allies with Dun and Bradstreet
Corp.
2000 Declared one of the 100 most pioneering
technology companies by World Economic
Forum.
2002 Dataquest IT Man of the year award.
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6. Career of B. Ramalinga Raju
 He was first businessman in the field of construction and
textiles.
 Raju founded Satyam in 1987.
 Satyam was listed in INDIAN STOCK EXCHANGE in
1991.
 Listed in NEW YORK STOCK EXCHANGE in 2001.
 Satyam was listed in UNESCO in 2008.
 There were 52000 employees working in Satyam in
September 2008
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7. Awards and Achievement
Ernst & Young Entrepreneur of the Year Services
Award 1999.
Dataquest IT Man of the Year Award 2000
Asia Business Leader Award 2002
Ernst & Young Entrepreneur of the Year 2007 (revoked
after the fraud was confessed)
Golden Peacock Award for Corporate Governance 2008
(revoked after the fraud was confessed)
Employees spread over many countries
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8. The Entire Story
Ramalinga Raju founded Satyam Computers in 1987 and
was its Chairman until January 7, 2009 when he resigned
from the Satyam board after admitting to cheating six
million shareholders.
 After being held in Hyderabad Chanchalguda jail on
charges including cheating, breach of trust and insider
trading.
 Raju was granted bail on 25.3.2011. Raju was granted
bail on condition that he should report to the local police
station once a day and that he shouldn't attempt to tamper
with the current evidence.
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9. CON......
A botched acquisition attempt involving Maytas in
December 2008 led to a plunge in the share price of
Satyam.
In January 2009, Raju indicated that Satyams accounts
had been falsified over a number of years.
 He admitted to an accounting dupery to the tune of 7000
crore rupees or 1.5 Billion US Dollars and resigned from
the Satyam board on January 7, 2009.
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10. People Behind This Scam
 Ramalinga Raju : Satyam former chairman
 B Rama Raju : Brother of Ramalinga Raju Former
Managing Director
 V Srinivas : Ex-Chief financial officer
 S Gopalakrishnan : Price Waterhouse Auditor
 Talluri Srinivas : Price Waterhouse Auditor
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11. THE SCAM
1. Raju and his brother, B Rama Raju, were arrested by the
Andhra Pradesh police on charges of breach of trust,
conspiracy, cheating, falsification of records.
2. Raju has mislead various investors.
3. Raju had also used dummy accounts to trade in Satyam's
shares.
4. He has violated the insider trading norm.
5. Funds from Satyam were diverted to mayqas.
6. On 22 January 2009,CIDtold in court that the actual number
of employees is only 40,000 and not 53,000 as reported
earlier
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12. CON……
Raju wanted to take over his MAYTAS INFRA and
MAYTAS PROPERTIES.
He was blamed that he was using the funds of the
investors for the family business. There were allegations
that funds from Satyam were diverted to Maytas,
causing the Government agencies to verify the
infrastructure company’s records.
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14. HOW DID IT
HAPPENED?
 Floated with two other
company
 Without taking permission of
shareholder Transfer of
money
 Failed to return money
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15. Reasons for Satyam Scam
1. Raju wanted to take over his MAYTAS INFRA and
MAYTAS PROPERTIES.
2. He was blamed that he was using the funds of the
investors for the family business.
3. World bank had banned the satyam to take any services
for 8 years (due to illegal profit and lack of essential
document).
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16. HOW THIS SCAM HAS
RELATION WITH “MAYTAS”
 Maytas refers to a group of companies founded by B. Ramalinga
Raju. It includes Maytas Properties and Maytas Infra Limited.
 A property development company founded in 2005.
 Maytas Infra Limited: An infrastructure development,
construction and project management company. Maytas Infra
was originally run by Satyam Computer Services founder B
Ramalinga Raju.
 It came under the scanner due to its association with B.
Ramalinga Raju.
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18. Conclusion
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