An Indian court has sentenced the
former head of Satyam Computers and nine others to seven years in prison
in one of the country's biggest ever corporate scandals.
B
Ramalinga Raju, who founded the software services giant, denied charges
of conspiracy, cheating and forgery but admitted to accounting
malpractices.Raju was also fined $800,000.
The collapse of Satyam Computers in 2009 cost shareholders more than $2bn and rocked India's IT industry.
The BBC's Simon Atkinson in Mumbai says it is the biggest fraud at a listed company in India.
The convicted men are expected to appeal. The maximum sentence Raju faced was life in jail.
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