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Satyam Corporate scandal.

The world is going through economic crisis and ethical crisis.


Corporate scandal accounting fraud and many more, this is the reason why ethics is so
important in the world
Key Relevant Facts
One of the most famous and biggest corporate scandal in India 2009 involving a 1.5 Billion
dollar fraud. Saytam -> Truth has been manipulated by Ramalinga Raju.

Background
A “Rising Star” in the Indian IT services and back office accounting firm. In 1987 there is 20
employees but in 2008 the employee increases to 53000. 500 companies as customer and
operation in 66 countries around the world. It was listed in 3 International Exchanges: NYSE,
DOW, Euronext. The company has achieve a golden award for

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