Experts cheer govt treating Maytas, Satyam case separately

Q: What would you seek to do now as a board member for Maytas given that the promoters are already represented and continued to be on the board even as you join in as a government nominee? 

Vaish: It doesn't make any difference that I happen to be a government nominee. The difference that it makes is I can feel hopefully more secured working on that board. I wish and I have a suggestion for the Media this interview should be with an independent director when he exits the board rather than when he is just entering a board. I am yet to know about the company, what is the status and what am I expected to do. I will do my best but you should as media look for exit interviews of independent directors rather than when they are just entering the board. 

Q: We just wanted a sense of what you seek to achieve right now, what is the goal, are you going in now to take a complete audit kind of look at Matyas's books and see it the money was siphoned off from Satyam and put into Maytas and can therefore be brought back, if you could list off the top 2-3 priorities that we have as you enter the board that would be useful for us? 

Vaish: I am speaking for myself because I don't have any brief from the government yet. I can only say that having seen the status of Maytas from the website of the company, it has large projects on hand. I would wish that those projects which are intended to do justice to the community, to the country go forward and all that needs to be done to ensure that those projects fructify should be that major effort of the board. The other things come in the form of corporate governance issues which too are important and which will be looked at anyway.

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