Martin Heller
Contributing Writer

India’s CBI charges 9 in Satyam fraud

analysis
Apr 7, 20091 min

The New York Times reported today that India's Central Bureau of Investigation has brought charges in the Satyam Computer Services fraud case

According to the New York Times, India’s Central Bureau of Investigation (the rough equivalent of the U.S. FBI) has completed its investigation of the outsourcing company Satyam Computer Services and charged nine people: six people from Satyam Computer Services, two suspended auditors from PricewaterhouseCoopers, and an outside adviser. The charges are “criminal conspiracy, cheating, cheating by personification, forgery of valuable security, forgery for the purpose of cheating, using a forged document as genuine, falsification of accounts and for causing disappearance of evidence.”

When this story broke back in January, I hazarded an opinion that Satyam’s fraud was a black eye for Indian outsourcing. If the fraud was limited to Satyam and the CBI has been thorough, then perhaps only Satyam was involved. I still wonder about the other Indian outsourcing companies, however: If financial oversight was lacking at Satyam, how are the other Indian outsourcing companies demonstrating that they are above reproach?

Martin Heller

Martin Heller is a contributing writer at InfoWorld. Formerly a web and Windows programming consultant, he developed databases, software, and websites from his office in Andover, Massachusetts, from 1986 to 2010. From 2010 to August of 2012, Martin was vice president of technology and education at Alpha Software. From March 2013 to January 2014, he was chairman of Tubifi, maker of a cloud-based video editor, having previously served as CEO.

Martin is the author or co-author of nearly a dozen PC software packages and half a dozen Web applications. He is also the author of several books on Windows programming. As a consultant, Martin has worked with companies of all sizes to design, develop, improve, and/or debug Windows, web, and database applications, and has performed strategic business consulting for high-tech corporations ranging from tiny to Fortune 100 and from local to multinational.

Martin’s specialties include programming languages C++, Python, C#, JavaScript, and SQL, and databases PostgreSQL, MySQL, Microsoft SQL Server, Oracle Database, Google Cloud Spanner, CockroachDB, MongoDB, Cassandra, and Couchbase. He writes about software development, data management, analytics, AI, and machine learning, contributing technology analyses, explainers, how-to articles, and hands-on reviews of software development tools, data platforms, AI models, machine learning libraries, and much more.

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