
My DH being an ex-employee of Satyam, could not digest the facts yet. Mr.Ramalinga Raju, for the eyes of every one, he is the one who took AP on to the chart of IT. Andhraites could feel the Satyam as the biggest asset they have but no more it is, now.....All the dreams shattered with his single letter that shocked every investor, lead the lives' of 53k employees to a big disaster.
Sources say that Mr.R.L.Raju, committed fraud by showing the figures of the profits of Satyam company with a huge difference of 7K Crores and stated that none other than him are responsible for this act. He opted this so as to grab investors and to bag the position as one among top 5 IT companies. I didnt fail to notice many online editions running collage picture of Kasab, Mr.Raju, Mr.Obama covering the most sensational people in the News.
Now, I wonder how leading IT companies could point out the Satyamites as fraud, for the fault of Bosses, why the hell all the other Andhraites are being blamed??? As long as if a person is at higher peaks of fame, no one bothers but when the things goes wrong, every body will raise their voices, that's what human psychology is!!!!!!!!!!!!! At the same time look at the goodness of Andhraites, even though he was the reason for the loss of investments of many, still he was in the hearts of many Telugu people at a softer and sympathetic edge.
Personally, after reading the news for the first time, I started to look back at his hectic life time journey that raised the company from 20 to 50k+ employees and also what all the pressures he may be in now?? Day by day after realising the possible forces of this issue like Political influence, about the funds being diverted to his personal assets like Maytas(yet unknown), the 3% profit story etc.. If these are all true, I mean, if the above factors are the real cause for this big pit, then Mr.Raju, Am sure you are no more in our good books, you live longer in the curses of victims.
I sincerely pray for the well being of Satyam and all its dependents and employees. Hope there will be some way to get out of this big mess. The talent of the employees is the biggest asset it had, that itself may take Satyam back to its shape. BTW, I appreciate the Government for its wise decision, gonna appoint new board members.