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Two senior Satyam staff leave India
By siliconindia
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Saturday, 07 February 2009, 22:43 IST
Hyderabad: Following the footsteps of Satyam's former interim CEO Ram Mynampati, two other senior staff members of the company have furtively left the country. While senior Vice President and Director Virendra Agarwal left for Singapore, another senior Vice President and Director Keshub Panda is off to London.
Some insiders claim that they have journeyed overseas to reassure clients and make collections for bills due, however, a senior staff admitted that the possibility of their oversea trip to avoid police queries cannot be denied. It is also said that the trio decided to go abroad on January 9th for giving presentations in person to the clients.
For Satyam, 62 percent of all business comes from the U.S. where Mynampati will have to meet scores of clients. Europe contributes over 20 percent, Panda looks after this region. Virendra Agarwal looks after Asia Pacific/Africa/Middle East markets which account for over 15 percent of Satyam's business. Satyam insiders claimed that letters to clients were dispatched after B Ramalinga Raju quit. The letters counseled the clients to bear with the situation in Satyam and generally sought their support, but every client wanted the presentations in person.
