On December 22 Fox News reported, citing sources, that the World Bank barred Satyam last February from all contract work at the bank for a period of eight years, effective September 2008.
Satyam was banned from receiving direct contracts from the Bank as a result of “providing improper benefits to Bank staff and for failing to maintain documentation to support fees charged for its subcontractors”, according to a statement from the World Bank.
Source : The Australian
Chiang zawka Satyam corporate governance issue chhiar duh tan Wikipedia ah clik rawh lem. He company ah hian mizo thawk an awm nual ka ring deuh ngawta, in hria emaw, kar hmasa deuh lawk khan Satyam Company hian a founder/chairman fa te ho company tluchhe lek lek manto uchuak tak (US$ 1.6 billion)a lei luih tir a tuma, share value pawh 55% in a tla thla nghal! Mahse investor ho revolt avangin a deal hi called off ani. Tunah World Bank in contract zawng zawng atangin kum 8 chhung a ban hmiah bawk ani awm e!
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