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Home > News > Opinion News > Article > Save Satyam employees

Save Satyam employees

Updated on: 14 January,2009 10:07 AM IST  | 
K V Satyamurty |

The entire Satyam scandal is the result of negligence on the part of the government

Save Satyam employees

HOPING FOR THE BEST: A Satyam employee signs a supportive banner in Hyderabad. Pic/AFP




Arresting Ramalinga Raju is something that needed to be done, but will it help recover the Rs 7,000 crore?u00a0



It's the shareholders who have been taken for a ride. The new board of directors need to perform a miracle to revive this company and protect Satyam employees.

Despite witnessing scams like the ones by Harshad Mehta and Abdul Karim Telgi, it's sad that India's regulators were caught off guard by Raju.

K V Satyamurty satyamurty2007@gmail.com

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