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Satyam used forged documents to confirm fake account balances at HSBC (HBC), Citigroup (C), HDFC...
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Tuesday, January 20, 2009, 7:05 AM ETSatyam used forged documents to confirm fake account balances at HSBC (HBC), Citigroup (C), HDFC Bank (HDB) and ICICI Bank (IBN). Satyam also reported a staff headcount 15-20% higher than it actually was to siphon off money .
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