Satyam Scam Explained | Satyam Fraud Case Study

Hey Everybody, this video is about one of the biggest-ever corporate accounting scam in India. Satyam computer services ltd was started in 1987 in Hyderabad by the Raju brothers, Rama Raju and Ramalinga Raju.

Tensions started when the brothers decided to merge with the company called Maytes. The merger of the two companies gave rise to various legal issues in this case. B Ramalinga Raju confessed to a huge financial manipulation to the tune of Rs 50.4 billion in Satyam’s books of account.

A web of 356 investment companies was used to allegedly divert funds from Satyam. The Government and SEBI took various steps to tighten the grip on such offenders. They brought several new regulations under the Companies Act of 2013. Now, companies are obliged to change their auditors every 10 years.

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I have made this Video keeping in mind various Competitive Exams. I hope you enjoyed this discussion - If you have any questions, feedback, or suggestions - Do let me know in the Comment Box!
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Thank you!

[vitthaldevkatte]

This video 50% credit goes to graphic designer

[Escapist...]

It feels so good to see this Channel growing. I am sure all the New Presenters will continue to add to the Charm of the Channel ! All the Best !

[alokranjan]

Looking like he was the Raju of Hera pheri 😆😂, Btw very well explained mam and hats off to the efforts of finology legal towards law.

[ashutoshsingh]

Each and every mentor of finology legal is very intelligent. 🤘🤘🤘🤟🤟🤟. Keep it up. I do not stop to say that now a day news anchor are not showing real issue or important issues related to country in obvius manner. But this channel taught us about the ongoing situation of country and so many topic on which people also wanted to know . ( like Farm bills ).

[virenbachani]

Visuals. Narration. Flow. Conceptualization - Top notch.
Loved it!

[rushibak]

Well explained mam...U all are a great team... I want these types of interesting topics again

[dheryaswami]

This is really good. I love the graphics and you explained it really well. Thank you and waiting for more

[shyammohansharma]

Hello I am writing here cause I have seen Ms. priya's video on landmark judgement. Many new judgments have come during the last 2 decades. Wish you people can make a videos regarding that. I will help us students alot. Thank you. Nice videos guyz. Keep up the good work.

[ENB]

Excellent explains mam. Do these series regularly.

[shubhamwadhonkar]

Keep This Series Continue... Explain More Scams Madam🙏🏻🙏🏻

[kavya]

this is so very well explained, keep up the good work!

[fauziyakhan]

A big 🙏🏻Thanks to finology legal team for enlightening us regarding the real and important issues of the country. Since the Godi media is busy in Kangna Bollywood & Bihar Election campaign of BJP, people like you are the only left hope for real news. keep it continue please...

[nehagosavi]

Congratulations !!! Your content is expanding....☺👍👏

[anuradhasharma-zltk]

Easy and effective explanation...keep it up!👍

[jyotiramsy]

I really loved your teaching style ma'am

[barkhashaw]

Well exlpained.. Plz make more videos on scams..

[Vibhu-vdge]

Mam give the 2nd part revision of fundamental rigts u r fabulous your teaching style is really goood plsss mam post the 2nd part as soon as possible

[PrashantKumar-tbhu]

Hello Ma'am..Really liked the information presented to us with such an ease. Very easy to understand. It would be very nice if you can prepare similar videos over other financial scams in India like Sahara Scam, Harshad Mehta scam etc.

[juheegoyal]

superb explanation mam ...seriously loved it 👌👌...and yes it will be gr8 to share more information abt other scams ...i really want it ..thnks a lot mam 😊😊

[fitandfine]

Finology legal is the best channel for competitive and law exams 👏👏