Dr Pandey, S.N

Avoiding Satyam Like the Plague

SAY Affair is a unique case of frauds in connivance with institutions and people in position to excercise control. This evident. promoter's family offloaded 43.8 million shares. So is the case wit other large institutional investors like Merril, DSP and who not at the cost of small investors and the people. Raju forged and frauded every thing including the number of emploees on its role. When people and institutions do not care for norms and go by personal considerations, nothing better can beexpected. The GOI has to be tough.
Dr S.N Pandey
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