When Ramalinga Raju admitted that a fraud has happened in their books, I wondered about the timing. He said in his message that what started as a narrow gap by mistake had grown into a massive black hole that sucked an entire company of 53000 employees. Someone says this is Financial Terrorism. If a terrorist gets shot dead mercilessly in an encouter, what should be done to such people who cause Financial Terrorism ?
Could it have been announced without Raju telling his friends to sell Satyam stocks? Could not it have been dealt much early? He said he did not take a single rupee from Satyam stock except for some philanthorpic activities. If he had such good intentions, why should he wait till date?
Could it have been announced without Raju telling his friends to sell Satyam stocks? Could not it have been dealt much early? He said he did not take a single rupee from Satyam stock except for some philanthorpic activities. If he had such good intentions, why should he wait till date?
3 comments:
One cannot accept as it is said by Raju, he has made money and lots of them by taking Performance linked bonus, high salaries despite the Company not earning anything, he should be punished and in a way that sets example for others!
I agree!! But, where is the money now vijay? Is it with Raju?
Rajiv
Rajiv, isn't it obvious that Raju has taken the money? Please Rajiv, read the article about Raju, it has been so well articulated by Vijay about Raju. Rajiv, Raju has taken the money and put it in land.
Post a Comment