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RAMDAS ATHVALE ALLEGES THAT NDA GOVERNMENT IGNOFRED HIS WARNINGS ON SATYAM SCAM

satyam-2In a shocking expose, National President of RPI Ramdas Athvale presented some relevant evidence pointing allegations at the NDA government that despite knowing about the Satyam scam for the last five years, the ruling front tried to safeguard the accused. If RPI’s President Ramdas Athvale is to be believed then the NDA government has come under the suspicion in the Satyam scam which had led to huge losses for the investors. According to Athvale, in the year 2003 itself, he had presented some evidence in the case to then Prime Minister Atal Bihari Vajpayee and the parliamentary meet. But he alleges that at that time the matter was hushed up due to the pressure by Andhra Pradesh’s influential leader Chandrababu Naidu. Ramdas Athvale also presented the letter to the media which he had written to Sebi’s President on 18 August 2003. In the letter he had written the wrong working of Satyam and sought immediate action. He also stated that after his complaint, the Dy. Observer of the vigilance cell in IT dept, Sirupuwa Padmaja, had also formed an investigation committee against Satyam and had made some startling expose about the irregularities in the functioning of Satyam. But this report too covered up. Athvale has demanded to make this report public. Ramdas Athvale has demanded that the former allegations on Satyam should be investigated by the CBI and that Chandra Babu Naidu and Sebi’s President G N Vajpayee too be brought under the scanner. BYTE RAMDAS Athvale has also pointed fingers at the newly-appointed HDFC chairman Deepak Parekh for the Director post in Satyam. He has alleged that Deepak Parekh was a friend of Ramalinga Raju and that he too had a part in the scam. While many may not take the allegations of Ramdas Athvale’s seriously, but the evidence shown by Athvale somehow indicates a huge nexus of political leaders and officials who were trying to fill their coffers while the investors suffered thousands of crores of losses. With cameraperson Mehboob Dhanse, Rajeev Mishra for NMTV News.

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