Tougher penalties are needed for corporate fraud

09/17/2010 | Economic Times (India), The

"It's been a good year for corporate fraudsters the world over," according to the editorial board of The Economic Times of India. The board's editorial discusses whether India needs to take a harder stance on corporate crime, after Ramalinga Raju, founder and former chairman of Satyam Computers, was granted bail less than two years after he confessed to defrauding investors.

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Economic Times (India), The