Although I have already mentioned in my previous blog "The Satyam Misconception", that nothing will happen to Raju because the elected representatives will protect him. B will move at snails pace and there will be many roadblocks on the way. The roadblocks which our dear politicians will make.
Look at Satyam now, the company will be sold in few weeks time and government will not be responsible for it. Till then the state government will do its best to protect Raju; so far it has managed to do it. With some scolding and backing from supreme court SEBI and SFIO will manage to get some some preliminary work done. But it will not be to book the guilty or deliver justice but to show the people that work has been achieved.
To make it attractive, Govt. will pressure PSUs to give work to Satyam. Government assurance will work with some clients too and they wont desert it. The company that buys Satyam will bear the trouble form there on.
By June, election will be over, the new govt will have to deal with the recessionary or slow growth faced by others. It will be far too busy to bother, Satyam Will be a headache for some one else. The media will be busy hounding the new govt and the meltdown affect on India will claim some more business.
Raju will either get bail or will make some deal and leave India on a temporary basis at least. Since, public memory is weak, he will come back when people would have forgotten him.
So who will have the last laugh here, not the Govt, not the shareholder or any one else but our man Raju!!!
