Former Satyam CEO Raju, his brother and CFO arrested and detained in profit-fraud scandal

Monday, January 12, 2009 Byrraju Ramalinga Raju, founder and chairman of Satyam Computer Services, and his brother, B. Rama Raju, the company’s managing director, were arrested late Friday by Andhra Pradesh police. The brothers were placed under judicial custody in a Hyderabad, India jail and will remain there until January 23. Facing charges of criminal […]

Nelson Mandela charity official resigns over ‘blood diamonds’

Thursday, August 19, 2010  Nelson Mandela Children’s Fund (NMCF) trustee Jeremy Ractliffe has resigned from the charity’s board, twelve days after admitting to the possession of “blood diamonds”. Earlier this month, supermodel Naomi Campbell testified against former Liberian president Charles Taylor when she claimed she received “very small, dirty looking stones” from two men, allegedly […]

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