On which day The Satyam Computer Services scandal was publicly announced ?
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5 January 2009
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6 January 2009
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7 January 2009
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8 January 2009
C
Correct answer
Explanation
The Satyam scandal was publicly announced on January 7, 2009, when Chairman B. Ramalinga Raju confessed to manipulating accounts by inflating figures and creating fictitious assets. This announcement shocked the Indian corporate sector and became one of India's biggest corporate frauds.