Satyam’s Satya!

February 7, 2009 at 5:08 pm 3 comments

At the height of her fame, the deposed Filipino dictator’s wife Imelda Marcos had more than a thousand pairs of shoes, 888 handbags and 508 gowns. As it turns out, had ex-Satyam Computer boss B Ramalinga Raju not been locked up and his fraud exposed, he may have given Imelda a run for her money in the next few fashion seasons.

Raju’s penchant for high fashion had led him to collect more than a thousand designer suits, if sources in the Enforcement Directorate are to be believed. According to documents prepared by Andhra Pradesh police and given to ED, the disgraced IT czar had 321 pairs of shoes and 310 belts. Apart from leading a lavish lifestyle, Ramalinga Raju visited various big temples in Andhra Pradesh regularly and donated huge amounts of gold, which collated would approximate about two tonnes.

His stargazing pursuits led him to buy a telescope, which valued at more than Rs 1 crore would be the most expensive in any Indian home. Like many other multi-billionaires, Raju too liked to collect trophy properties around the world. Sources said he had “palatial mansions and villas” in 63 countries.

Now what is the fate of Satyam?


Entry filed under: India, info. Tags: , , , , , .

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3 Comments Add your own

  • 1. nadia  |  February 7, 2009 at 5:14 pm

    My goodness, such extravagance!

    Is he still in jail?

    ~ Yeah, he is still in Jail.

  • 2. Specs  |  February 7, 2009 at 9:56 pm

    I’m better off with ten pairs of shoes and my freedom than the 300 pairs that land me in jail!

    ~ Hehe, Absolutely 🙂

  • 3. Haleem  |  February 8, 2009 at 6:14 pm

    Did the gov bail out Satyam?

    ~ Not yet.


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House in Paradise!

Narrated AbuUmamah: The Prophet (peace_be_upon_him) said: I guarantee a house in the surroundings of Paradise for a man who avoids quarrelling even if he were in the right, a house in the middle of Paradise for a man who avoids lying even if he were joking, and a house in the upper part of Paradise for a man who made his character good.(Sunan Abu Dawood,Book 41, Number 4782)


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