(((Where else?)))
http://timesofindia.indiatimes.com/articleshow/3949243.cms
NEW DELHI: Even as a Securities and Exchange Board of India (SEBI) team reaches Hyderabad to investigate Satyam Computers’ Rs 7000 crore fraud, its disgraced chief, B Ramalinga Raju remains untraceable.
After admitting to committing a Rs 7,000 crore fraud on Wednesday, Raju faces arrest and could serve as many as 7-10 years in jail. (((Gets the cell next to Madoff... okay wait, at least we supposedly know where Madoff is physically located.)))
Amid mounting speculation over his whereabouts, Satyam management has said that it has no idea where Raju is.
Sources in the Hyderabad police have said that Raju had left for Texas on Wednesday morning from Hyderabad airport. Raju has not been seen in public ever since his confession, but TV reports suggest that he could have left for Texas...
(((It must be pretty bad... They've stripped his Golden Peacock.)))
http://timesofindia.indiatimes.com/Business/India_Business/Satyam_stripped_off_Golden_Peacock_Global_Award/articleshow/3949469.cms
(((Auditors predictably not saying much.)))
Another institution, Ernst & Young, which had awarded Raju with the Entrepreneur of the Year Award in 2007, however, was tight lipped.
"The award is given by an independent jury and we are not in a position to comment," a spokesperson of the consulting firm said.
