A decade after Satyam scam, systems still take long time to detect discrepancies at cos: C P Gurnani

A decade might have passed after the infamous Satyam Computer scam and subsequent regulatory actions but Tech MahindraNSE 1.56 % chief C P Gurnani feels systems still take long time to detect discrepancies at corporates and better data analytics are needed to plug the loopholes.

Satyam Computer Services was hit by an accounting scam perpetrated by its founder B Ramalinga Raju that came to light in January 2009 and the once storied company was later acquired by Tech Mahindra in April the same year.

In an interview to PTI, Gurnani said that even after ten years of Satyam Computer scam, “our systems still take a long time to get alerted to discrepancies which may lead to crisis situations”.