Satyam used forged documents to confirm fake account balances at HSBC (HBC), Citigroup (C), HDFC...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

Satyam 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