Govt warns Satyam of prosecution

 
Corporate Affairs Minister Salman Khurshid on Saturday said, “any aspect, any dimension relating to their (Maytas and Satyam) relationship is under investigation. Reports would be made available whether money has been siphoned off and then the law will take its own course.”

Further, he added that prosecution in the case would be carried on an urgent basis.  However, the Serious Fraud Investigation Office, which investigated the case, is yet to file a charge sheet.

The government is in consultation with the CBI and the law ministry for filing prosecution in the case. As regards reports that Satyam and his family-promoted firm, Maytas Group, along with its other group companies owe Rs 541 crore in income-tax dues, Khurshid said, “I have no idea, Satyam now looks after itself, and can take its own decision. In case there is something where we can be relevant and be of any help, we will be ready to help”.

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