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 (non existent) cash and bank balance of Rs

5,
crore(as against Rs 5,@ crore) reflected in the
books.

AN accrued interest of Rs  crore is non-existent.

I HAVE understated liability to the tune of Rs@, crore

in accounts of funds arranged by me.

I HAVE over-stated debtors position of Rs
crore (as

against Rs ,5@ crore reflected in the books.)

FOR sept 
, we reported Rs, crore revenue and

operating margin of Rs 
crore against actual
revenue of Rs,@@ crore and margin of Rs @ crore.
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AUDITOR never pointed out any ³deficiencies´ during
their discussions. Fixed deposits were unreal and
fictitious which were managed with an understanding
between the audit section and management.

BANK deposit were handled directly by Raju and the CFO

was specially asked for ³not to look into it´

³RAJU and his brother used to take decisions and tell us

to do as instructed.´

THE CFO admitted that the account were manipulated for

about seven years.

PRIOR to quarterly board meetings, Ramakrishna,

VP,finance,would prepare the balance sheet. ´I do
not pay much attention to the details of that balance
sheet.´
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______ _______ _______
8794.98 1217.28 1230.00
____________________ _______ _______ ________
The Balance pheet carries as of peptember,  , 

Raju¶s Confession on th Jan¶
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