Satyam Maytas Deal - Intents Malafide

It takes years to build reputation and a few weak moments to tarnish it. This is what has happened with Mr Ramalinga Raju. It is a blatant case of cheating and the management has a lot of answering to do now. Let us congratulate the Mutual Funds and other big investors for teaching him a lesson. CLB and Dept of Company Affairs should step in and bring the culprits to book. It is disheartening to notice that one of the big 4 accounting firms advised the company on valuations, which needs further probe. If stern action is not initiated against all those involved we might see the confidence of FIIs and big institutions fading away. It is high time that fraudsters realize there is no getting away from misdeeds. The day is not far away when the total board of Satyam is reconstituted in the best interest of the all the stake holders. Mr Raju, the money in the books is not your “Baap ka maal” that you can distribute to your sons. “Ab India me ye sab nahin chalta hai”. If throwing shoes is a proper way to vent ones anger, my shoes are for you Mr Raju. Count your days now.