Settlement / fine
Ramalinga Raju: $1.50B moved in 2009
Confessed to inflating Satyam's accounts by about ₹7,136 crore; he was later convicted of fraud in a Hyderabad court.
The figure
- Amount1,500,000,000 US dollars
- CategorySettlement / fine
- CorridorHyderabad, India → Hyderabad, India
- Distance0 km apart
- Year reported2009
- Documentation confidence94/100
What that amount buys
$1.50B is roughly 20 long-range private jets, 3.6K median-priced US homes, or 18.6K years of median US household income.
Ramalinga Raju is publicly known as founder, satyam computer services. The arc drawn for this entry joins Hyderabad and Hyderabad because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →