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"There would be no laxity against the guilty... So let us not talk about any individual or the auditors (PwC) of the company," Minister for Corporate Affairs Prem Chand Gupta told reporters when asked what action would be taken against Raju and auditors.
"We are very clear and a co-ordinated action would be taken," he said.
The apex body of accounting firms ICAI has sought some information from the auditors of the company and Financial Reporting Review Board, the minister said, adding that they can ask for working papers of the audit and that has already happened. "Once that (the papers) is received, ICAI will take its view," he added.
Asked whether he would meet Prime Minister Manmohan Singh to brief him the developments, Gupta said "well, lets hope so."
On the delay by the Andhra Pradesh government, Gupta said "with this kind of action, what has been done so far in the last three days, I think this does not happen anywhere in the world."
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Now that the government plans to take action against Raju, how abouit looking at politicians who have robbed the country of crores of rupees.If it were not not for these corrput politicians, millions of indians would have been above the poverty line and India would have had the infrastructure comparable to any western country.
It took more than 60 hours Mr Gupta. If this not the delay , I am note sure there is any other word to describe it. Apparently there is a collusion between the various elements of this saga. One does not need brain to figure out the facts behind the scenes.. The siphoning of money is systematic and planned .. Well, Indians are fools anyways..