The government today said the directors it nominated to run scam-hit Satyam Computer are ready to check out after what it called a job well done.
“Our job is done. I think they can now be phased out... we can take credit for what we have done and we will give credit to them for what they have done,” Corporate Affairs Minister Salman Khursheed said when asked if the directors would be recalled now.
Satyam posted robust earnings for the October-December quarter and had a profit of Rs 56 crore in the January- February period.
“It is for the board to decide (on when to send the directors back),” Khursheed said.
Satyam Computer, which was till late last year ranked India's fourth largest software exporter, began showing signs of trouble in December 2008 when the company made a desperate but failed attempt to acquire two non-IT firms promoted by the kin of its founder Ramalinga Raju.
