Tuesday, December 23, 2008

World Bank bans Satyam from providing software services

The World Bank has banned Satyam Computer Services from providing software services to the financial institution for eight years due to
alleged malpractices including bribery, as per a Fox News report

World Bank information security chief Robert Van Pulley admitted to the ban during a recent meeting with the officials of Government Accountability Project (GAP), a whistleblower protection organisation in the US, as per the report. The bank has handed over the case to the US Justice Department and the Treasury Department.



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