Moneycontrol » News » CNBC-TV18 Comments

PwC files civil suit against Satyam calls itself 'victim'

Published on Mon, Jan 09, 2012 at 21:50 |  Source : CNBC-TV18

Updated at Wed, Jan 11, 2012 at 08:35  

100920 Investors following Mahindra Satyam. Share this News with them.
0
0
Share on Tumblr
PwC files civil suit against Satyam calls itself 'victim'

Auditor PwC has just responded to the Mahindra Satyam civil case and said that they had actually filed a case on January 7. The auditor firm have indicated they are actually the 'victims' as far as this entire tussle is concerned, reports CNBC-TV18's Kritika Saxena.

Noting that PwC is outraged at Satyam's attempt, the auditor firm also pointed out that Satyam is tryimg to shift responsibility in the entire scam. It believes that PwC is actually a 'victim' in the entire process of shifting responsibility. PwC will defend itself vigorously against Satyam's baseless contentions.

Here is interview of Vineet Nayar, chairman of Mahindra Satyam

On January 7, Mahindra Satyam  it had filed a lawsuit against past directors, some ex-employees and former auditor Pricewaterhouse, seeking damages after the company was hit by a fraud in 2009 that became the country's biggest corporate scandal.

Also watch the accompanying video.

 

 

  

Trending News

Business News

Tim Cook speaks candidly about Apple at D10
Did Sebi miss any tricks in Ambani consent order? "Did Sebi miss any tricks in Ambani consent order?"

Karuna's U-turn; 'didn't threaten UPA of pull out'

from the markets DIIs Net Sell `182.61 Cr In Equities Today (Prov)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 30 2012, 11:18

Result corner: Ajay Bodke`s top bets from across sectors

- in MARKET OUTLOOK

Interviews

May 30 2012, 17:04 | Source: CNBC-TV18

Margins may be hit on one-off items in EBITDA: Sun Pharma  

May 30 2012, 16:32 | Source: CNBC-TV18

Essar announces Rs 175cr deal; to pay-off debts with fund  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!