SATYAM MAYTAS DEAL NEWS.SATYAM FRAUD NEWS.SATYAM LAND DEALS. HYDERABAD.RAMALINGA RAJU NEWS.SATYAM MAYTAS COLLAPSE HYDERABAD

All the Satyam News that could help you in taking considered postion on Hyderabad Real Estate and other Investments.

Is the state Govt trying to protect Raju?. Why is he being shielded from SEBI and SFIO investigators?

Is the State Govt. intentionally giving time so that an elaborate defence strategy is prepared by Raju's battery of lawyers, before these agencies get to reach him? At least the Central Minister for Corporate Affairs looks to be annoyed by the evolving situation in Hyderabad and has stated that accused seem to be getting protected. This is a gigantic scam and is the scamster being shielded till he is in a position to face uncomfortable questions?

>>The Fax to SEBI, after Mr. Raju sensed deep trouble with Merryl who was engaged by him to look for buyers/merger, reported to SEBI that they were withdrawing, since accounts looked deep fried.

The Fax is full of LIES and skillfully conceals the fact that he had first defrauded the company of every bit of cash that its employees had worked hard to generate. He had diverted cash and bought , more than 16,000 Acres of land (as per info on 16.Jan 09) for himself & family, in the name of Benami Companies (>240 of them).

>>Minutes of the now infamous 16 December 08 Board Meeting, which unanimously resolved to mask the Rs.7000 Crore robbery committed by the CMD, by proposing to merge Maytas/Maytas Properties with Satyam.

------------------------------------------------------------------- ** 07.05.2009- 760 Crore ADS Amount raised in US by Satyam, never reached Company Account
** 24.04.2009 - Buyers Sweat and Suffer Finacially as work remains stalled, at Maytas Hill County
** 13.04.2009 - Tech Mahindra bags Satyam at Rs.58/share.
** 08.04.2009 - Satyam fraud: CBI Charge Sheet Reveals Siphoning Off. LIC duped of 950 Crore.
** 07.04.2009 - Satyam fraud: CBI files chargesheet against Raju & eight others
** 02.04.2009 - CBI probe into fund diversion in Satyam after charge-sheet, next week
** 26.03.2009 - Maytas Properties non-committal on delivery schedule of Hill County
** 25.03.2009 - CBI moves court for Lie Detector & brain mapping test on Rajus
** 22.03.2009 >- 7800 Crore? Satyam scam may be in the region of 10,000 Crore. CBI
** 17.03.2009 - Hyderabad Metro Grounding. Maytas Asks for Time Extention
** 14.03.2009 - Satyam Bidding Open. Apart from L&T, Spice and Tech Mahindra, IBM & HP seem to be in fray
** 11.03.2009 - CBI takes Raju, four others into custody
** 11.03.2009 - CBI Probing 5000 Crore diversion by Satyam from US
** 09.03.2009 - Maytas Scraps SEZs including Hill County SEZ. Sacks entire SEZ Team.
** 07.03.2009 - Satyam investors lost Rs. 20,000 crores. CBI finds fingerprints used as Password.
** 05.03.2009 - Ved Jain, O P Vaish appointed Govt nominees on Maytas board
** 04.03.2009 - CBI to fix time-frame for Satyam probe by March 12
** 26.02.2009 - High Court Raps State Govt for Not Cooperating with CBI on Satyam Case
** 21.02.2009 - Major fraud in Satyam land deals: SFIO
** 19.02.2009 - Hill County Trouble. Demand for Refund hits Maytas
** 17.02.2009 - Govt moves CLB to Remove Rajus from Mayras Infra and Maytas Properties
** 17.02.2009 - CBI to Probe Satyam Fraud. Case handed over ultimately, after uproar in State Assembly
** 15.02.2009 - Registration Ban hits Maytas Hill County buyers
** 14.02.2009 - High Court Directs Govt not to proceed with 121 Crore Order on Maytas on "Nomination" basis
** 13.02.2009 - CBI Probe on Satyam just an eye wash? How serious really AP Govt?
** 10.02.2009 - Satyam Money sent to foreign accounts through Raju's Agro Farm Companies.
** 06.02.2009 - Total 475 Raju Related Companies and 25 Persons to be Investigated by SFIO.
** 03.02.2009 - AP Govt loses face as SC dismantles Govt protection to Raju's from being questioned.
** 03.02.2009 - Rajaiah sold 3000 acres to Rajus.
** 01.02.2009 - Satyam investigators obtain forged documents on FDs
** 01.02.2009 - Gopalakrishna admits to buying land for Ramalinga Raju, family members and Maytas
** 28.01.2009 - Satyam Scam- Political Cover up Exercise is on. Ultimately the money will remain with Raju & Politicians
** 25.01.2009 - Beware! Did you deal with these companies? List of Companies used to route Stolen cash from Satyam, into land dealings.
** 25.01.2009 - Rajus' land dealer GM of SRSR Investments arrested. Satyam money flowed freely into land!
** 25.01.2009 - PwC auditors arrested for involvement Satyam fraud
** 24.01.2009 - Satyam probe spreads. Police Enter Maytas Infra and Maytas Properties Offices.
** 21.01.2009- YSR says, Money diverted from Satyam to Maytas. Maytas assets under scanner. Was that built using Stolen cash?
**17.01.2009 - Govt. Confirms Diversion of Funds from Satyam.
** 17.01.2009 - Maytas Properties to close divisions
** 16.01.2009 - Maytas Properties May Shutdwn All Operations. What could happen to Hill County?
** 16.01.2009 - Maytas set to Lose Hyderabad Metro Project. Metro becomes uncertain.
** 16.01.2009 - Satyam Cash to Land! Satyam promoters� role in 240 land investment entities being probed
** 29.12.2008 - How much do Promoters hold in Satyam now? 8.74%..Really?!
** 29.12.2008 - Three more Satyam directors including Vinod Dham resign; more may quit.
** 18.12.2008 - Satyam fails miserably to pull-off the well planned day-light robbery. Company loses good will by miles.

Satyam was not the only fraud by Raju. In 1983, Ramalinga Raju sold Sri Satyam spinning mill in Medak near Hyderabad without paying off the loan raised, for its inception.

As days pass, skeletons are tumbling out. In the year 2000, Satyam paid 500 Crore for a bunch of useless websites (India Infoline from one Rajesh Jain). Nothing was heard of the websites after that. Its now being suggested that Rajesh Jain was paid peanuts while balance flowed back to Raju to kick start his land purchase madness!

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