Andhra Pradesh Chief Minister Y S Rajasekhara Reddy urged the Prime Minister Manmohan Singh to constitute a management team comprising personalities such as Azim Premji, Narayana Murthy and Ramdorai to manage the affairs beleaguered Satyam Computers Services.
In a letter written to the Prime Minister on Wednesday, Reddy said that his immediate concern was about the fate of the 53,000 employs of Satyam and hence a management team consisting of persons known for their integrity and competence should be constituted so that the interests of the employees and other stakeholders were protected till an alternative credible management was put in place for the company.
He said that today’s revelations of Satyam’s chairman has come as “a grave shock” to everybody.
