Gameskraft faces allegations of financial misconduct and governance failures

livemint.com

Gameskraft Technologies faces allegations of its former CFO siphoning over ₹250 crore, leading to comparisons with the Satyam scandal. The company accuses Ramesh Prabhu of diverting funds over five years, with independent directors resigning and questions raised about audit practices. The situation involves alleged falsified documents, weak internal controls, and a government ban on real-money gaming, impacting the once high-valued gaming firm.


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