Bailing option for Satyam always open, a statement made by our commerce minister is ridiculous.
Mr Minister , can you please tell the nation what are you doing for the hundreds and thousands of workers who lost their job recently due to recession hit of the west. It do not bother you because there is no hue and cry for the people who lost their job.
You are much concerned with the employee of Satyam who are earning in lakhs and wants to bail out with taxpayers money.
If you really want to do something , first freeze the bank balance of Mr Raju and associates and recover money by selling all the assets of Mr Raju and try to bail the satyam employees by that money. Try to seize every bank balance of independent directors, auditors, consultants and all the big guns involved and recover money ...Do you have guts to do so??
In India corporate fraud are a common thing and I am completely surprised when I find that the conviction rate in corporate frauds is only 5%. Shame on you..and your machinery.
It clearly implies the nexus between political parties and the corporates who fund heavily for their election. Dont shed crocodile tears for the employees.
Mr prime minister , I request you to please consider this matter seriously and before bail out a tainted corporation, do think of us, we taxpayers.
In my point of view, Raju mwas made a scapegoat and the story he was narrating completely false. There might be a dangerous nexus and it should be probed barethread and the culprits must be brought to book in quick time if the govt wants to showcase its good governance.
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