Sunday, 20 March 2016

Suspend Satyam auditors

The financial bungling by Satyam is shocking. No person can implement this singlehandedly. The role of the auditors is equally questionable.
Without the shield of the auditors, a fraud of this magnitude could not have been committed. Had the auditors acted prudently, investors' money could have been saved. Prima facie, the auditors should be suspended.

(This letter published in Mail Today on January 9, 2009)