New Delhi: The Government does not intend to bail out the scam-hit Satyam Computer Services as the company has "adequate assets" and can bounce back if run professionally, Minister for External Affairs Pranab Mukherjee said on Thursday.
"Let me make it clear that the Government has no intention to bail out the company. The company has adequate assets (to survive) if run professionally," Mukherjee, who is holding the Finance portfolio while Prime Minister Manmohan Singh recuperates from a bypass surgery, said during Question Hour in the Rajya Sabha.
"It is in the Government's interest that an important company, with a large number of international clients and with a good name, if run professionally can be re-established," the minister maintained.
He also brushed aside suggestions that the Andhra Pradesh Government was attempting to shield the perpetrators of the Satyam scam by interfering in the multi-agency investigations into the Rs 7,800-crore scandal.
"There is no question of interfering or barring the statutory authorities from functioning. The chief minister of Andhra Pradesh (YSR Reddy) has completely assured me of full cooperation with all agencies. The chief secretary of the state has been designated as the nodal officer for the investigating agencies," he said.
0 comments:
Post a Comment