Eastern District of New York Judge I. Leo Glasser on Friday approved a restitution agreement requiring Sanjay Kumar, the former chief executive of Computer Associates (which now does business as CA) to pay at least $52 million over the next 18 months.
Kumar, who was sentenced in November to 12 years in prison for his role in Computer Associates’ $400 million accounting fraud scandal, will make a series of installment payments by December 2008. He will then be required to pay 20 percent of his annual income once he is released from prison.
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