Satyam chairman Ramalinga Raju's letter
BANGALORE (Reuters) - The chairman of India's Satyam Computer Services resigned on Wednesday, saying profits had been inflated over the last several years.
Following is the text of his letter, which was released by the Bombay Stock Exchange.
Note: references using Indian numerical system of crores and lakhs have been converted to Western system.
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To the Board of Directors
Satyam Computer Services Ltd.
From B. Ramalinga Raju
Chairman, Satyam Computer Services Ltd. January 7, 2009
Dear Board Members, Continued...
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