Sign In / Register
Make This My Home Page | Feedback |RSS
Channels Astrology | Cricket | Tenders | Classified | Blogs | Shopping | Opinions | Hotel| Travel
You are here: IE »   Story

Satyam scam: Raju traceless; WB image 'suffers'

40 Comments | Post Comment
FontLarger | Smaller
  • Print
  • Mail This Article
  • Comments
  • Add to favorites
    • Tags : satyam, ramalinga raju, satyam computers, satyam fraud, satyam saga, whereabouts, clueless, satyam, raju Posted: Thursday , Jan 08, 2009 at 1714 hrs
    Raju
    According to some sources, Raju left for Texas after admitting to committing a Rs 7,000 cr fraud.

    But the paper said it did not announce the ban, called a debarment, until December 23 -- and then only after press reports about it.

    Meanwhile, a World Bank spokesperson told the ‘Journal’ that it had acted responsibly. "We took the action we needed to take as an institution to maintain our high corporate integrity standards," the spokesperson said.

    Single Page Format
    Previous123
    Comments
    Post comment
    View all Comments (40) |
    project studyBy: karan valecha | 03-Feb-2009 Reply | Forward what will be the role of satyams public relation department in future?
    SATYAM SCAM LESSON N SOLUTIONBy: FRANCIS XAVIER | 24-Jan-2009 Reply | Forward SATYAM SCAM HAS REALLY OPENED OUR EYES TO STARK REALITIES IN OURCOUNTRY. 1. OUR PROBLEM STARTS WHEN CHILDREN COME INTO PICTURE IN THEIRPARENTS PROFESSION OR BUSINESS. THIS IS THE ROOT CAUSE OF ALL CORRUPTION. THE REMEDY IS TO STOP PASSING ON THE WEALTH CREATED BY THEPARENTS TO THE CHILDREN. ( SOME PERSONS ACCUMULATE FOR THREE GENERAT-IONS!!). THIS STEP IF SOME HOW IMPLEMENTED COULD SOLVE HALF THE PROBLEMS.2. EVERY REGULATORY BODY OR INVESTIGATORY AGENCY IN OUR COUNTRY HAS UNFORTUNATELY WEAK PERSONS WHO ARE PURCHASABLE. SO WE HAVE TO HAVE A JURY LIKE SET UP WITH PERSONS WITH EXTREME CLEAN RECORDS INTHEIR SERVICE. WE KNOW EVERY DEPT HAS 1% OR SO EXTREMELY UPRIGHTPERSONS WHO HAVE WITHSTOOD THE TEST OF TIME. THEY HAVE TO BE IDENTIFIEDBY A UPRIGHT PANEL, AND GIVEN THE RESPONSIBILITY OF SETTING THINGS RIGHT.(MAY BE RETIRED PERSONS). THIS KIND OF STEPS AND THINKING ONLY WILL SAVEOUR CHILDREN AND ALSO RAJU'S GRAND CHILDREN , WHO WILL HAVE AN UPRIGHTINDIA!!.
    Something Fishy-SatyamBy: Gopal | 09-Jan-2009 Reply | Forward Indian Govt should intervene to maintain the image and protect employees in this scenario of recession by some bailout package. If the profit is inflated ,the company might have paid various taxes on the same which they may get refund. It is not clear with no real cash how the company could manage without cash crunch and escaped form the eyes of financing banks and Auditors
    SATYAM FRAUDBy: RAJIV | 09-Jan-2009 Reply | Forward VIRTUAL BUSINESS, VIRTUAL PROFITS, REAL LOSSES. THIS IS THE YAHOO SECTOR OF OUR ECONOMY.
    Satyam testing timesBy: Jagadeesh sajjan | 09-Jan-2009 Reply | Forward Satyam's problems started with mytas takeover attempt and hit badly by world bank action of blacklisting satyam for tenders bid. This testing time gives satyam opportunity to come out misdeeds it as done openly and legalizing its financial statements.
    Post a Comment
    View all Comments (40)
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.