Doing Business In India


Satyam Saga- The Story Continues……..

Posted in Management by DoingBusinessInIndia on the January 20th, 2009

The Satyam episode has become a joke on Corporate Governance, Questionable Polity and Degenerating Ethical Standards. I had mentioned my views in this blog, Satyam Saga…..Is Corporate Intelligence Adequate In India?, a couple of weeks earlier.

In all this mess, there are some blokes who have the sense of humour to make a joke of this ugly episode.

Chief Minister of Andhra Pradesh (the State in which Satyam ex-boss, Mr. Ramalinga Raju had political patronage), Mr Y S R Reddy went to a school. After have a brief talk with the children he asked them if they had any questions to ask him.

One boy raised his hand and stood up.

YSR: Whats your name?
Prakash: Prakash

YSR: Whats your question?
Prakash: Sir I have three questions.
1) Why did the Andhra Pradesh government provide so many land deals to Raju?
2) Where is the Rs.7000 crores?
3) For all the controversial situations, why does the ruling party alway blame the rival political party?

YSR: You are an intelligent student Prakash..(just then the bell rang for recess).

Oh dear students we will continue after the recess is over.

After the recess

YSR: Ok children where were we? Yes, so anybody wants to ask any question?
Suresh raises his hand

YSR:Whats your name?
Suresh: Suresh

Suresh: Sir I have 5 questions.

1) Why did Andhra Pradesh government provide so many land deals to Raju?
2) Where is the Rs.7000 crores?
3) For all the controversial situations, why does the ruling party blame the rival political party?
4) Why did recess bell ring 20 mins before the scheduled time, and
5) Where is Prakash?

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