Satyam board meet ends; hunt for CEO, CFO

The first meeting of the newly constituted three board members of Satyam Computer was held on Monday. The Union government on Sunday had appointed three director are former Chairman of HDFC, Deepak Parekh, former NASSCOM President Kiran Karnik and former SEBI member C Achuthan.

After the meeting is over, the board members of Satyam addressed a press conference in Hyderabad. According to media reports, the board members have suggested for the further appointment of some other members in to the broad.

The board members have also suggested that the interest of the employees would be the key priority. However, the detail study in the accounts of the company would be necessary in order to know the real damage and the fraud.

However, this is a tough time for the investors and employees of Stayma Computers. The board members would have priority in appointing a new Chairman and CFO for the company, the media reports quote.