Discussion Board View article

Total 10 messages Pages | 1
shyam c
The vested interests within the company are vicilitating
by shyam c on Jan 09, 2009 11:58 AM

No Indian company must engage the Audit firm PricewaterhouseCoopers for 2 critical reasons
1. They have done this and perfected the art of fudging in the US thereby SOX is now in place
2. They have sullied India's status in the business community of the world.

For national pride we must keep Audit firm PricewaterhouseCoopers out of business in India. Without its connivance or complicity, the audit of Satyam woudl have been much better and closer to reality.

When organisations do not exhibit ethics and especially if they are the gatekeepers to public trust, they need to shut down and go. Such organisations are unfit. having lost the trustworthiness of the the public, no public organisation must do business with them.

The plight of 53000 Indian software workers at Satyam will recognise that Audit firm PricewaterhouseCoopers has let them down completely. They feel humiliated. This is just as bad as the Mumbai attack by terrorists. The terrorists were gunned down, Audit firm PricewaterhouseCoopers executives must face similar fate.

    Forward  |  Report abuse
New York
Sorry to say this. But the truth is.
by New York on Jan 09, 2009 09:14 AM

There are no Citizens in India. There are only People living in India.Here it is why.

DESPERATION
85% of Indians are languishing in an informal economy to earn $2 a day so that they can feed a meal for their family.
Hence their lives oscillate between DESPERATION and FRUSTATION.
As of today, Voting in Elections is the only respite for them.

COLLUSION
The remaining 15% well to do Indians are even more desperate.
They prefer not to pay taxes.
And with taxes you buy Civilization.
One Indian wishes other Indian to fail.
Collusion is the only relation between any two individuals (politicians, business men, govt officials, judiciary etc) mostly through Casteism.


    Forward  |  Report abuse
New York
Truth
by New York on Jan 09, 2009 09:11 AM

7000 crores -> Raju -> HAWALA -> MAYTAS -> YSR (AP chief minister) -> Sonia Gandhi -> Congress Party Funds

    Forward  |  Report abuse
asli dffei
CONGRRESSS targets & dis-honours, nation`s precious IT compan
by asli dffei on Jan 09, 2009 02:01 AM


ENTIRE INDIA IS FALLING IN THIS TRAP by CONGRRESSS !

PCchidambaram, DrAshwaniKumar (congMinisters), and a BushCheney promoted MNC,
are behind this,
entire SATYAM episode!

this group aims to own Satyam at 20% of is last value!

no doubt there was financial mis-handling,
but INDIAN GOVT MUST fully support SATYAM.

IT IS BCOS OF I_T,
THAT INDIA IS WHERE IT IS TODAY!

CONGRRESSS is now targetting to eliminate and dis-honour, our precious I_T companies!

congMinisters have billions in swissBanks.

they are buying businesses world-wide!

but THEY DONT WANT TO PAY FULL 100% PRICE!

they control the media.
they control the police, the cbi.
they control SEBI.

this is a massive conspiracy run from SoniaSinghChidambramDrKumar `s office in Delhi.

WHAT ABOUT ENRON??
the most massive and pervading CORRUPT COMPANY EVER!

but even then:
FULLY SUPPORTED BY USA GIVERNMENT TILL TODAY!

TODAY ENRON IS A MULTI_BILLION DOLLAR COMPANY.
ITS ASSETS ARE SO MASSIVE,
YOU CANT IMAGINE IN UR WILDEST DREAMS!

WHY?? COZ THE US_GOVT SUPPORTED ENRON.
FULLY.
WHEN IT was at the HEIGHT of its scandals.

SO MUST INDIA!
SUPPORT SATYAM.
ITS OUR PRECIOUS I_T COMPANY.

DONT BELIEVE THE EVIL CENTRALminSTERS.
THEY ARE OUT TO BUY IT OUT! THRU FRAUD THEMSELVES.



    Forward  |  Report abuse
Hyd Auditor
satyam and pricewaterhouse
by Hyd Auditor on Jan 08, 2009 08:19 PM  | Hide replies

Satyam is audited by a firm, which doesn’t exist and person who is not a partner neither in the real firm nor the fictitious firm.

The Audit Report of Satyam Computer Services Ltd., was signed on 21st April 2008 by one Mr. Srinivas Talluri. (Membership no. of ICAI: 29864.

When we observed the appointment of auditors in the notice given – the firm which was appointed is PricewaterHouse, Hyderabad.

We searched the list of firms available at ICAI website (1-4-2008) – to know the address of PricewaterHouse, Hyderabad but to our surprise we could not find PricewaterHouse, Hyderabad. However we could see two firms as PricewaterHouse (one in Kolkata and one in New Delhi) we also found PricewaterHouse, Bangalore.

When we tried to find out the list of partners, we couldn’t find Mr. Srinivas Talluri as a partner. When we searched for another firm by name Lovelock & Lewes, we found Mr Srinivas Talluri is a partner in that firm. We all know that all f the above firms except PricewaterHouse, Hyderabad are member firms of PricewaterHouse Coopers network. and PricewaterHouse, Hyderabad doesn’t exist.

This infers the great Satyam Computer Services Ltd., was audited for several years by a fictitious firm and audit was conducted and signed by people who are neither partners of PricewaterHouse real firms or fictitous firms

    Forward  |  Report abuse
Mr India
Re: Re: satyam and pricewaterhouse
by Mr India on Jan 09, 2009 02:02 AM
PwC has an office in somajiguda circle...

   Forward   |   Report abuse
Your Favourite
Re: satyam and pricewaterhouse
by Your Favourite on Jan 09, 2009 12:35 AM
Stupid...get the facts right. Lovelock & Lewes is a subsidiary of PWC and is listed on PWC's locations website.

Am surprised and shocked to see Raju's revelations but I just can't beleive your BS

   Forward   |   Report abuse
preeti gupta
auditor
by preeti gupta on Jan 08, 2009 08:14 PM  | Hide replies

frauditor with legal teeth

    Forward  |  Report abuse
saurabh kumar
Re: auditor
by saurabh kumar on Jan 09, 2009 10:52 AM
just hope legal teeth do n't work this time

   Forward   |   Report abuse
Total 10 messages Pages: | 1
Write a message