Saturday, January 10, 2009

A-Satyam Saga : A Satire

Not so long ago, there lived an Ohio State University MBA who founded a company named Satyam Computer Services in 1987. The name was initially coined as A-Satyam for the values his founder wanted to inculcate in the staff and hence in all the world over. But the way Kusum was named KKusum, A-Satyam was renamed to Satyam, thanks to the religious beliefs of its founder Mr. Ramlinga Raju. In spite of the name change, Mr. Raju, a man of unborrowed vision and rooted conviction, stood undeterred to the original traitorous plan.

It is also alleged that Mr Ramlinga Raju was inspired by the ostentatious display of inflated assets in sleazy clothes by Zeenat Aman in the movie Satyam Shivam Sundaram, and particularly by the exhibitionism in the title song. "I planned my business plan of doctoring the balance sheets while watching the heaved assets in the movie. I was then sure that such acts do work", told Mr Raju to a news correspondent who did not wish to be named.

That Mr Raju has been arrested has put a question mark on such a valued institution, which continued helping India's financial establishments by generating funds effectively from no-where and in turn infusing liquidity to a halting economy. The outcry over his abortive acquisition plan of Maytas--Satyam spelled backwards or ASatyam-- too is altogether unjustifiable. Didn't he just follow the well admired concept of family first? All in all, Mr Raju should have been thought of for the post of Finance Minister. Who knows we might outdo 1970's USA!

On the other side of the border, Pakistan--even before Mr Singh & Mr Mukherjee start a world poll to prove Pakistan's complicity in the matter--has denied of its involvement and has called Mr Raju's resignation an act of cowardice. Mr Asif Ali Jardari also alluded to the examples where Pakistani politicians did not succumb to their conscience and continued working on their harebrained ideas. On the contrary, Pakistan's finance minister Shaukat Tarin has admitted that Mr Raju is a Pakistani national and no solid proof is required to corroborate the same. It is reported that he aspires to work with Mr Raju in tandem so as to inflate Pakistan's bankrupt economy.

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