Satyam's top brass leave India
Hyderabad, Jan 14: Satyam's top brass have boarded air to abroad. After Satyam's former interim CEO Ram Mynampati left to US quietly, other two senior staffers of Satyam have also left the country.
If senior vice president and director Virendra Agarwal has gone to Singapore, senior director Keshab Panda landed in London. But Satyam insiders say that all the three executives have travelled to abroad for collection of bills which are due and to reassure their clients.
"But the possibility of their travelling overseas to avoid questioning by the police and other regulatory bodies cannot be discounted," a senior Satyam staffer admitted. All the three thought of leaving the country on Jan 9, according to sources. They also dispatched letters to clients after Ramalinga Raju resigned.
In
the
letter
they
urged
their
clients
to
endure
with
the
crisis
and
sought
their
co-operation.
"Between
January
7
and
9
phone
calls
were
made
to
clients.
But
making
phone
calls
is
one
thing
and
interacting
in
person
is
quite
another.
In
fact,
some
clients
wanted
presentations
from
the
company
in
person.
So
it
was
decided
that
they
would
go
and
physically
meet
them,"
a
senior
Satyam
staffer
said.
Around 62 per cent of business to Satyam is from United States, here Ram will meet his clients. Keshub Panda is in charge of European countries which contributes to 20 per cent of the business. Virendra Agarwal looks after Asia Pacific/Africa/Middle East markets which account for over 15 per cent of Satyam's business.
Though employees are happy that new directors have been formed , uncertainty still prevails. They are seeking some liquidity by govt for time being.
OneIndia News (With inputs from Agencies)