Apropos Asish K Bhattacharyya's article "Corporate governance failure at Ranbaxy?" (June 10), it is apparent that the former bureaucrats and corporate honchos who adorned the Ranbaxy board in 2004 had miserably failed in their duties by missing out on the ample distress signals provided by resignations in quick succession by top R&D staff. Here again, the wily CEO must have carefully kept the fact well covered or treated it as an insignificant development. Had Thakur not blown the whistle when he was safe in the US, far away from the arms of Indian law, this sad episode in the Indian corporate history would never have come to light.
R C Acharya, New Delhi
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