Tag Archives: income tax

Satyam, Naidu nexus



No other software company was patronized by Chandrababu like he had patronized Satyam Computers. Obviously, no other leader had utilized any company like the way he had used Satyam Computers. No one could have enacted with the plurality Naidu had exhibited when the Software giant was caught in the quagmire of white collar offence.

In fact, the roots of Satyam scam lie in TDP regime. The seeds of the scam were sworn during N Chandrababu Nidu term as Chief Minister. The irregularities in Satyam accounting procedures came to light during the NDA regime itself. Ramdas Athawale who was them with RPI, raised the issue in Lok Sabha in March 2003. He had also written letters to the then Prime Minister AB Vajpayee and Finance Minister Jashwant Singh.

Athawale went on record stating that the inaction against Satyam Computers was at the behest of Chandrababu Naidu.

Had an inquiry been ordered then, Satyam would not have been slipped so deep into the scam. Naidu has shielded Satyam, as he benefitted from the company is an open secret.

Quid pro quo

This is the actual quid pro quo.

In 2002, Chandrababu Naidu government gave away 19.2 acres of prime land at Madhapur in city and 6.55 acre land in Visakhapatnam to Satyam Computers. In return, there were allegations that the software company had taken care of Naidu’s son Lokesh education in the US. The IT wing of TDP office and Naidu’s house was also being looked after Satyam Computers.  A team of 16 programmers and two team leaders were operating from the neighbouring house of Naidu.

The software being used by TDP was developed by Satyam Computers.

Satyam has also taken care of the printing of ID cards of TDP workers. Each ID card costs Rs 50 and the total amount spent on the ID cards works out to Rs 100 crores.

This apart, Satyam computers had donated Rs 1 crore to NTR Memorial Trust.

These are but some facts to establish the rapport between the Party and the Company


Any Doubts


v  IT Deputy Director, N Padma was transferred for trying to undertake a detailed investigation. What is not at the behest of N Chandababu Naidu?

v  When Bill Clinton visited Hyderabad, Naidu has seen to it that Ramliinga Raju of Satyam Computers shared the dais with the American President, though there were traditional industrialists like Ratan Tata. And what does this bond show?

v   Babu’s son Lokesh is not a bright student. Yet how could he study at Carnegie Mellon University (CMU) and Stanford Universities?

v  Enforcement Directorate (ED) had earlier enquired about the source of income for Naidu’s son’s education. The issue was hushed up with the manipulative tactics, for which Naidu is known for.  


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