The Satyam fiasco could, well, be the result of greed for vast stretches of land and property. It is now apparent that Ramalinga Raju and his family were buying land like there is no tomorrow and Satyam’s money could have been used for that. One board member has already admitted that Raju’s personal land holdings can be auctioned to recover money for the investors.
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February 7th, 2010 at 8:57 am
kompally at …
kompally at hyderabad .. is the land over that place still for sale .