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Report: Indian Gov't Says Satyam May Have Diverted Funds

Mon, Jan 19th, 2009 |

The Indian government is reportedly veering towards the view that funds may have been siphoned out of financially-troubled Indian outsourcer Satyam Computer Services.

Corporate Affairs Minister Prem Chand Gupta told the Press Trust of India on Sunday that funds appeared to have been diverted from Satyam.

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