accounting scandal

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Former CA chief Kumar headed to jail today

By secgeeks - Posted on August 14th, 2007

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After several years of legal wrangling, civil suits, asset sales and negotiations, Sanjay Kumar, the former CEO of CA, finally will report to jail on Tuesday to begin serving a 12-year sentence for his role in the company’s accounting scandal. Kumar was the head of CA at a time when the company was infamous for [...] read more »