Thursday, January 22, 2009

Satyam fiasco like 26/11, difficult to stop: LIC

The Satyam scam was so sudden and severe that even the best brains could not have stopped it, just like the terror attacks in Mumbai, the IT firm's major shareholder LIC said on Thursday.

"It can be equated with terrorists sneaking into Mumbai and killing hundreds of persons and nobody with the best of preparations could have prevented it," LIC Chairman T S Vijayan said.


LIC had 4% stake in SATYAM

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