Satyam Scam Explained | Satyam Fraud Case Study

Hey Everybody, this video is about one of the biggest-ever corporate accounting scam in India. Satyam computer services ltd was started in 1987 in Hyderabad by the Raju brothers, Rama Raju and Ramalinga Raju.
Tensions started when the brothers decided to merge with the company called Maytes. The merger of the two companies gave rise to various legal issues in this case. B Ramalinga Raju confessed to a huge financial manipulation to the tune of Rs 50.4 billion in Satyam’s books of account.
A web of 356 investment companies was used to allegedly divert funds from Satyam. The Government and SEBI took various steps to tighten the grip on such offenders. They brought several new regulations under the Companies Act of 2013. Now, companies are obliged to change their auditors every 10 years.
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Thank you!

[@Hamlax]

Who’s here after studying auditing?

[@henilkakadiya7544]

CA INTER

[@Shivam-pb02]

Corporate governance 😅

[@tishadharmeshsojiwala4965]

Me 😂

[@swayamstha]

Present

[@virenbachani5305]

Visuals. Narration. Flow. Conceptualization - Top notch. Loved it!

[@Escapist...]

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Hello I am writing here cause I have seen Ms. priya's video on landmark judgement. Many new judgments have come during the last 2 decades. Wish you people can make a videos regarding that. I will help us students alot. Thank you. Nice videos guyz. Keep up the good work.

[@20ENB049]

Excellent explains mam. Do these series regularly.

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I really loved your teaching style ma'am

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Each and every mentor of finology legal is very intelligent. 🤘🤘🤘🤟🤟🤟. Keep it up. I do not stop to say that now a day news anchor are not showing real issue or important issues related to country in obvius manner. But this channel taught us about the ongoing situation of country and so many topic on which people also wanted to know . ( like Farm bills ).

[@dheryaswami5247]

This is really good. I love the graphics and you explained it really well. Thank you and waiting for more

[@_FinologyLegal]

Thank you

[@vitthaldevkatte5512]

This video 50% credit goes to graphic designer

[@_FinologyLegal]

Yes!!!

[@gouravjassal1705]

I agree bro

[@gouravjassal1705]

@Priya Jain thank u mam 👍❤

[@rushibak6119]

Well explained mam...U all are a great team... I want these types of interesting topics again

[@alokranjan645]

Looking like he was the Raju of Hera pheri 😆😂, Btw very well explained mam and hats off to the efforts of finology legal towards law.

[@_FinologyLegal]

Glad you liked it!

[@fauziyakhan2616]

A big 🙏🏻Thanks to finology legal team for enlightening us regarding the real and important issues of the country. Since the Godi media is busy in Kangna Bollywood & Bihar Election campaign of BJP, people like you are the only left hope for real news. keep it continue please...

[@thorsingh5019]

Investing is haram stay away from it or you will not get hurra in heaven

[@shubhamwadhonkar1999]

Keep This Series Continue... Explain More Scams Madam🙏🏻🙏🏻

[@aradhyahari4842]

Apne ache se smjhaya. Apka bhala ho! 🙏🏻🙌

[@barkhashaw4749]

Well exlpained.. Plz make more videos on scams..

[@lalitha5399]

What girls will do ..... This question was asked by many people. But u guys just rocked it and proved everyone wrong and female are equal to men... And we r same in every field. Thank you so much man 😊😊😊

[@anuradhasharma-zl6tk]

Easy and effective explanation...keep it up!👍

[@palajyoshna8608]

Very well explained 👏👏

[@kavya9869]

this is so very well explained, keep up the good work!

[@vinodkumarsingh8518]

Excellent Information !

[@juheegoyal1358]

superb explanation mam ...seriously loved it 👌👌...and yes it will be gr8 to share more information abt other scams ...i really want it ..thnks a lot mam 😊😊

[@_FinologyLegal]

Thank you 🤗🤗🤗

[@Vibhu-vd3ge]

Mam plssssssss give the 2nd part revision of fundamental rigts u r fabulous your teaching style is really goood plsss mam post the 2nd part as soon as possible

[@akankshyapattanayak4158]

Very Nice Mam.... We are waiting for much such videos ..

[@manshijoshi4424]

Thank you ma'am! I appreciate your teaching skills.... 😊

[@aishas_abayastore]

This is a Very Useful and good information with a Very Nice Explanation .......Keep it up mam

[@_FinologyLegal]

Thanks a lot

[@kanupriya7904]

U explained very well & Graphic designing also gud. 😊

[@_FinologyLegal]

Thanks and welcome!

[@shifaawasthi325]

Explanation is very clear thank you

[@mylovesindrella5761]

बहुत ही बढ़िया बतैलू ह ... मैडम जी.... धन्यवाद ।🙏

[@janviprajapati546]

This video is very useful for the student.👍👍👍

[@studypassion1111]

Very well explained👌👌👌👌 Thankyou so much mam😊😊😊

[@RajithaSingh]

Incredibly amazing✨✨🤗

[@zramg6788]

fantastic info mam please bring another story like this

[@PrashantKumar-tb9hu]

Hello Ma'am..Really liked the information presented to us with such an ease. Very easy to understand. It would be very nice if you can prepare similar videos over other financial scams in India like Sahara Scam, Harshad Mehta scam etc.

[@nehagosavi6980]

Congratulations !!! Your content is expanding....☺👍👏

[@tasveerparmar6297]

Excellent explain ma'am

[@abhishekaswal2202]

Yo made it very easy to understand this scam ...... Thankyou ❤️

[@_FinologyLegal]

Glad to hear that

[@kanupriya7904]

Sure.. Upload more. These r our subject topic too. Really helpful. Thanku

[@akhileshsalunkhe8807]

Thanku so much mam i was reading a lifting of corporate veil then I can't understand before watch this vedio now I will purely understand thanku man

[@alishapattnayak8938]

Thanks Mam.. very nicely explained..

[@riturajchandan4497]

Well explained Thankyou 🙏

[@praveenralhan936]

Hello Dear I would like to see more such videos, u hv well explained the scam. God bless.

[@Muskan-dl4qp]

Thank you mam for better understanding

[@ashwanidubey8429]

Very nicely and briefly explained. Please make a video on Harshad Mehta case as well.

[@_FinologyLegal]

Here is the link for Harshad Mehta Scam: Explained by us Finology Ticker- kzbin.info/www/bejne/o3yXlqBurqudhMU

[@ashwanidubey8429]

@@_FinologyLegal thanks a lot

[@mdshakir7956]

Superb lecture thanks a lot mam

[@abhabehera4432]

Well expressed mam ,thank u

[@ShyamSundar-rl3pw]

Love the way you presented!!

[@RakeshSharma-ud9tr]

Clear cut n too the point explanation 👍 Fabulous 🙏

[@christinaanil]

wow.well explained..thanks a lot!!

[@_FinologyLegal]

Glad you liked it.

[@flyingarsee5880]

This channel is really helpful. ❤👍

[@sakshirawat8560]

Thank you ma'am for your explanation. 😊

[@NishaYadav-pc1pz]

Good explanation mam 👍🙏

[@SachinVerma-rc8ii]

Waah kya baat h.... Itne bade scam me sja 7 saal fine 5 cr... Its joke

[@AnkitaYadav-sv8ix]

Nice explanation 👌 ❣️

[@rafishaik5989]

Thank you madam

[@Kishoriji4642]

Very help for case study

[@saritabhuckal6275]

It was really helpful...thnku mam😊

[@_FinologyLegal]

Keep watching

[@shivchaurasia7825]

Excellent explanation mam

[@rahulhanumante8344]

Sound Quality is very poor in explanation..Please improve. Otherwise Nice informative video.!!

[@HarshPatel27]

Great content but next time please focus on the audio quality.

[@satyammishra81]

Well explained mam

[@rsingh1508]

Court :- 5 cr fine Satyam :- cash me ya fir check. ??

[@calcuttacity4443]

Mam Satyam company ka had state m Jo property tha ohh kaha gaya Govt n acquired kar liya kya ... ???????? Nice lecture mam .. Love from Sundarbans , West Bestgal

[@DM-mc5ky]

Nice explanation and graphics

[@_FinologyLegal]

Thank you 🙂

[@AnantJain287]

U didn't tell about money laundering and about steps taken by enforcement directorate. Also resignation of independent director.

[@jaishreeram7484]

Very well explained

[@bighneshmishra6185]

The video is very informative...but make a short correction it's not MAYTES it's MAYTAS(SATYAM spelled backward)❤️❤️❤️ keep on the good work 🔥🔥🔥🤟🏻🤟🏻🤟🏻

[@indianblood8330]

Wow thank you so much!😊

[@Animalworldvlog99]

Nice explanation 👍👍👍👍

[@supriyatiwaari]

Awsome mam..🙏🏻

[@d701d]

Superb explanation

[@TusharChatterjeeJishu]

Good video but it's Maytas, not Maytes. Maytas is just reverse of Saytam - that's the logic behind it

[@advamitsathe4640]

Awesomely explained ma'am 🙏🏻

[@vikasmehra2651]

Local government darr gai thi raju ji ki popularity se isliye jo hua sab manipulate kiya hua tha.raju ji always a hero

[@riteshkumar6537]

Are u going to explain such interesting topic regularly????

[@krishansinghnegi3183]

Great video idea! Thanks, Finology Legal.

[@mohitmalviya4655]

great team work ❤️❤️❤️

[@_FinologyLegal]

Thankyou mohit!

[@TheSonuYadav2024]

Thank you so much ma'am

[@santoshtayshete7633]

Nice Explanation

[@samreennazir2074]

Great video, keep it up guys

[@_FinologyLegal]

Thanks so much!

[@aameyasharma3555]

The weird this (or should I say smart thing) is that he named MAYTAS AFTER HIS OWN NAME SATYAM (Read it backwards)👀

[@swaggyindians7034]

Mam aap regular current affairs padhao...ache lectures h

[@manojdandgavhal7926]

Thank You !!

[@jayeshdave680]

It's really nice video...please make more videos on scams...

[@rajkumadpallakhe3604]

Man great explanation

[@adityakumargupta2054]

Thank you Miss ❣️

[@jayindia4427]

Excellent 😊😊😊

[@karunakhatri9461]

Wow presentation

[@mampisarkar5823]

Thank you so much ❤

[@pritombaruah5393]

Hi Kakoli, this was story, should have added legal aspects is business also.

[@deepanshusuthar7708]

Thank you mam 😊❤

[@_FinologyLegal]

Most welcome 😊

[@mdselim33]

Sab bohot badhiya hai. But I miss hi everybody main hu priya...😀

[@vaibhavsingh8361]

Nicely explained

[@lawyercare7590]

Cash for Job scam:: Assam Government :: APSC during Congress Rule, SI & PNRD scam during BJP Rule in Assam. Even one well connected leader was arrested in SI exam. I request you to kindly highlight this issue since many hardworking candidates were helpless in this regard. The blame are also because of PUBLIC. If people stop asking MLA/MP about Govt job, instead ask them about road, Infrastructure, etc it will change. Therefore with folded hands, I request the Finology team to use their popularity, kindly highlight this issue. And help us to get mukti from this scam in this Durga Puja!

[@kanhapanwar852]

Corporate governance pr ek video bnao mam😊 Thank you

[@sonamjainin]

Please do a research on how Andhra employees treated Mr.Ramalinga Raju....

[@Anamikabhaskar-wu4po]

Too good mam

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Excellent maim

[@zeenatulkubra1039]

You people are amazing, such great content. Keep it up guys❤️

[@_FinologyLegal]

Thankyou!

[@karansahi7424]

great content. but you guys need a better mic. it hurts