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A decade after Satyam, systems still take time to detect fraud: C P Gurnani

The Rs 7,800 crore fraud at Satyam Computer came to light in January 2009 after Raju admitted to cooking up account books and inflated profits for several years

C P Gurnani, CEO & MD of Tech Mahindra, India’s fifth-largest IT services company
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C P Gurnani

Press Trust of India New Delhi
A decade might have passed after the infamous Satyam Computer scam and subsequent regulatory actions but Tech Mahindra chief C P Gurnani feels systems still take long time to detect discrepancies at corporates and better data analytics are needed to plug the loopholes.

Satyam Computer Services was hit by an accounting scam perpetrated by its founder B Ramalinga Raju that came to light in January 2009 and the once storied company was later acquired by Tech Mahindra in April the same year.

In an interview to PTI, Gurnani said that even after ten years of Satyam Computer scam, "our systems still take

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First Published: Apr 30 2019 | 6:00 PM IST

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