Satyam implicated in new scandal

04 Feb 2009

Comment: 1

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Satyam is under further scrutiny

Troubled Indian IT services firm Satyam is embroiled in another possible scandal, with reports suggesting problems with a contract with the World Health Organisation for the development of a $55.5m (£38m) global business management system.

According to audit documents (PDF) seen by Fox News, Satyam ignored the instructions of the software's manufacturer Oracle when implementing the system.

Further reading

Also, when the audit report was published in May 2008, Satyam was exceeding the contracted amount by $1.4m (£965,000), but the audit said this could rise further if there were more delays.

Satyam could not immediately provide comment.

Satyam has recently been involved in a scandal that has been described as India's Enron after the chairman of the company admitted to inflating profits for the past seven years by a sum of 50.4bn rupees (£682m).

Reader comments

This is horrible article.

One should know that in IT industry 90% of the processes are not based on SOP's are not followed especially given out by vendors.
For those 10% that DO follow have surplus budget that do not care of performance. Even Oracle will not have all the SOP's followed!
Get real and do not name this as SCANDAL!

Posted by: Mike  04 Feb 2009

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