Financial Times FT.com

The $1bn black hole at heart of Satyam’s finances

By Joe Leahy in Mumbai

Published: January 7 2009 20:31 | Last updated: January 7 2009 20:31

On the investor page of Satyam Computer Services’ website on Wednesday was a box announcing results for the quarter ended September.

The box, which had not been changed since before the scandal began, kicked off with a bullish introduction from B Ramalinga Raju, the founder and now former chairman of the country’s fourth largest software group.

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