Ramalinga Raju
Byrraju Ramalinga Raju (born 16 September 1954) is an Indian businessman. He is the founder of Satyam Computer Services and served as its chairman and CEO from 1987 until 2009. Raju stepped down following his admission to embezzlement from the company to the tune of ₹7,136 crores (approximately US$1.5 billion), including ₹5040 crores (approximately US$1 billion) of non-existent cash and bank balances. In 2015, he was convicted of corporate fraud, which led to the collapse of Satyam Computers.
Ramalinga Raju | |
|---|---|
| Born | Byrraju Ramalinga Raju 16 September 1954 Bhimavaram, Andhra State (present-day Andhra Pradesh), India |
| Occupation | Businessman YPS22 |
| Known for | Founder and former Chairman of Satyam Computer Services |
| Criminal penalty | Convicted to 7 years prison |
| Criminal status | In jail |
| Spouse |
Nandhini (m. 1976) |
| Children | 2 (Teja Raju, Rama Raju) |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.