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Ramalinga Raju
Indian businessman (born 1954) / From Wikipedia, the free encyclopedia
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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),[1] including ₹5040 crores (approximately US$1 billion) of non-existent cash and bank balances.[2][3] In 2015, he was convicted of corporate fraud, which led to the collapse of Satyam Computers.
Quick Facts Born, Occupation ...
Ramalinga Raju | |
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Born | Byrraju Ramalinga Raju (1954-09-16) 16 September 1954 (age 69) 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 |
Spouse |
Nandhini (m. 1976) |
Children | 2 (Teja Raju, Rama Raju) |
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