| its newly constituted Board of Directors (the Board) announced the appointment of Deloitte and KPMG to assist the Board in the restatement of Satyams accounts; | ||
| on January 13, 2009, the Board received a letter from Satyams statutory auditors, Price Waterhouse, stating that Price Waterhouse performed audits of Satyam from the quarter ended June 30, 2000 until the quarter ended September 30, 2008 (the Audit Period), and notifying the Board that in view of the contents of the resignation letter of B. Ramalinga Raju, former Chairman of the Board of Directors of Satyam, Price Waterhouses audit reports and opinions in relation to Satyams financial statements for the Audit Period should no longer be relied upon; and | ||
| the Board continues to search for suitable candidates for Chief Executive Officer and Chief Financial Officer of Satyam to fill the vacancies caused by the resignations of B. Rama Raju, Satyams former Chief Executive Officer, and Srinivas V., Satyams former Chief Financial Officer. |
99.1
|
Press release of Satyam announcing the appointment of Deloitte and KPMG dated January 14, 2009. | |
99.2
|
Press release of Satyam announcing the receipt of a letter from Price Waterhouse addressed to the Board dated January 14, 2009. | |
99.3
|
Letter of Price Waterhouse addressed to the Board dated January 13, 2009. | |
99.4
|
Press release of Satyam announcing the continued search for CEO and CFO candidates dated January 14, 2009. |
SATYAM COMPUTER SERVICES LIMITED |
||||
/s/ G. Jayaraman | ||||
Name : G. Jayaraman Title : Global Head Corp. Governance & Company Secretary |
||||
99.1
|
Press release of Satyam announcing the appointment of Deloitte and KPMG dated January 14, 2009. | |
99.2
|
Press release of Satyam announcing the receipt of a letter from Price Waterhouse addressed to the Board dated January 14, 2009. | |
99.3
|
Letter of Price Waterhouse addressed to the Board dated January 13, 2009. | |
99.4
|
Press release of Satyam announcing the continued search for CEO and CFO candidates dated January 14, 2009. |