Friday, January 16, 2009

SATYAM TURNS TO BE ASATYAM.

GREAT ‘SATYAM’ TURNING OUT TO BE THE WORST “ASATYAM”.

The irony of seeing the most unlikely happenings from the most unlikely organization which was named ‘SATYAM’ now seems was done so deliberately, to fool the people who trusted the name and the organization only to realize how wrong they were because the naming could have been more apt had it been named ‘ASATYAM’.

One of the most respected ‘Satyam’ which in English means ‘The TRUTH’, has turned out to be the worst scandal of fraud in Sanskrit ‘ASATYAM’, meaning the greatest lie.
How a person who was termed as the most hardworking, can suddenly turn out to be the worst criminal and fraudster, in the process has taken the people of our great country of 1.2 billion for a ride and those creamy and brilliant workers and professionals are suddenly left wondering what wrong they did, to be treated as the worst criminals due to the cunning scheme and greed of a single individual in connivance with the Auditors and the Government [though, Yet to be proved and shall be deemed as innocent unless proved otherwise.]

The show which unfolded a couple of weeks ago by the confession of the top guy ,who was seen justifying his actions out of fear for the hostile take over bids of the mighty corporate houses, who are always on the look out for buying out, all viable companies doing good or at times facing trouble. Or is it simply a strategy to defend stashing away of hard cash by the top brass over a period of almost a decade, time certainly will prove.

Our countries’ worst punishment for embezzlements of finance and such irregularities in the face of law of the land only attracts maximum 4 or 5 years of imprisonment, after which the guy can have all the fun with stashed funds in tax havens. This is a lacuna in our system which has encouraged many a guy to go for it and enjoy the fruits later. Who is bothered with the good will or righteous ways of life, only the poor? The yardstick of the rich is definitely different and their mantra is to make it by hook or crook. Cheat the people, spend the few years inside jail with luxury when you have money as back up and life inside a jail also is heaven for such guys. To be followed by all the good times to follow. But the truth remains for he will never be able to live happily ever after for the curse of the lord is so powerful that he will live and will cry for mercy and death, for living becomes the worst nightmares for such crooks later in the life.

The positives from this episode is the greatest lesson to be learned by mankind yet again,
But in real life we have seen and experienced that people seldom learn from past mistakes. Had it been true then the world of today would have been a heaven by now for the mankind has experienced so much over centuries and still haven’t learned any lesson.

Secondly, Satyam employees, more than 50000 and considered the best in the world if we compare their track record. They can be profitably utilized if only the new arrangement with the government works out the costs and give it a lease, by providing capital to tide over the crisis period and the company can make good profits and also function as one of the best in the world for sure.

The culprits should be brought to book and should be punished to the extent that people should not try to emulate such gimmicks in future. For that to happen we must ensure our law of the land does not spare those who are fraudsters and should be considered as one of the worst crime which should attract the worst possible punishment so that no body dares do it again.

Compiled by, M.Balakrishnan, Banker, 6/B-95, 50 feet main road, Meena Estate,Coimbatore -641028 Res.0422 2310637. for more visit’solitairebala’ in Google.

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