India court convicts ex-Satyam chief of fraud
B Ramalinga Raju (C)
Hyderabad - Arab Today
An Indian court on Thursday convicted the former chief of outsourcing giant Satyam, Byrraju Ramalinga Raju, and his aides over a $2.25 billion accounting fraud in a scandal dubbed "India's Enron".
"All the accused have been convicted of almost all charges" including conspiracy to commit fraud, prosecutor K. Surender told reporters outside the court in Hyderabad.
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