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Guilty in Satyam scam to be punished: Pranab

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Agencies

Posted: Feb 19, 2009 at 1246 hrs IST

New Delhi Amidst allegations of Andhra Pradesh government handling Satyam Computer scam accused with 'kid-gloves', Finance Minister Pranab Mukherjee on Thursday said Government will not bail out anyone, full investigation into the matter will be conducted and the guilty punished.

"Government intention is not to bail out any individual.

Government intention is not to protect any wrongdoer," he said replying to supplementaries during Question Hour in Rajya Sabha.

The investigation into irregularities in Satyam, upon the recommendation of the Andhra Pradesh government have been handed over to CBI. "We may have to wait for sometime for full investigation into the matter," he said.

"Whatever is necessary for investigation will be done," Mukherjee said.

When Left members alleged that Andhra Pradesh government prevented SEBI from questioning the accused, he said: "there is no question of influencing (the probe) or not allowing any statutory authority to complete the investigation."

Mukherjee said the Andhra Pradesh Chief Minister, who met him recently, had assured that all cooperation would be given to any investigating agency. Chief Secretary of the state has been made the nodal officer.

The guilty in the case will be brought to book, he said.

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IMPARTIAL PROBE by KUMAR on 19 Feb 2009

Will Mr Reddy the Chief Minister of Andhra Prdesh and his Family be punished if found guilty in an impartial probe by the respective agencies (The probe should be impartial ) We the people are 100% sure that Mr Reddy is involved in the Satyam scam.

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