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View Full Version : Satyam: Rs 7000 cr fraud, and Rs 5 lakh fine for auditors? - Firstpost



FraudNews
12-08-2011, 07:15 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHVJwQ_kZrPptDRTsBXpt Olm0sjqgamp;url=http://www.firstpost.com/business/satyam-rs-7000-cr-fraud-and-rs-5-lakh-fine-for-auditors-150549.htmlimg src=http://nt2.ggpht.com/news/tbn/YoSR-DmQ4mwoAM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Firstpost/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHVJwQ_kZrPptDRTsBXpt Olm0sjqgamp;url=http://www.firstpost.com/business/satyam-rs-7000-cr-fraud-and-rs-5-lakh-fine-for-auditors-150549.htmlbSatyam: Rs 7000 cr bfraud/b, and Rs 5 lakh fine for auditors?/b/abr /font size=-1bfont color=#6f6f6fFirstpost/font/b/fontbr /font size=-1Can the penalty for aiding and abetting a Rs 7000-and-odd crore bfraud/b be just Rs 5 lakh and a debarment? That, incidentally, is what the Institute of Chartered Accountants of India – ICAI, the audit profession#39;s self-regulatory body – has fined C b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dQa0CCEesfc55RMnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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