Multiple choice general knowledge culture

All believed that corporate culture has min. of scams. Scam amount 8000 crore one of the biggest in india. How was it done.....the company's balance sheet as of September 30 carries "inflated (non-existent) cash and bank balances of Rs 5,040 crore (Rs 50.40 billion) as against Rs 5,361 crore (Rs 53.61 billion) reflected in the books ."

  1. Ramalinga Raju

  2. A Raja

  3. Harshad Mehta

  4. Ketan Parekh
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A Correct answer
Explanation

Ramalinga Raju, the chairman of Satyam Computer Services, confessed to inflating the company's balance sheet. The balance sheet as of September 30 showed non-existent cash and bank balances of Rs 5,040 crore, making it one of India's biggest corporate scams (Rs 8,000 crore scale).

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