


A JOURNALIST tossed a shoe
at Union Home Minister P.
Chidambaram during a news
conference in Delhi to protest
the Central Bureau of Investigation's clean chit to Congress
leader Jagdish Tytler in the
1984 anti-Sikh riots.
The shoe didn't hit the minister who got out of the way
just in time. The journalist,
Jarnail Singh, was promptly
led out of the conference being
held at the Congress headquarters. Chidambaram carried on with the briefing.
But the incident touched a
raw nerve in the Congress,
prompting a section of the
party to support a rethink on
party tickets to Jagdish Tytler
and Sajjan Kumar - who have
faced charges of involvement
in the anti-Sikh riots.
Party sources said the final
call on Ty der and Sajjan Kumar
wW be taken by Congress president Sonia Gandhi, who is currently campaigning in the
South. Tytler couldn't be contacted despite repeated attempts.
"Congress is a large party
and it takes considered decisions at appropriate time. Let
us see what solutions emerge
in the future," Congress spokesman Ashwini Kumar said
later in the evening. THE MAN WHO THREW THE MISSILE Jarnail Singh, who hurled a
shoe at Home Minister
P. Chidambaram during a press
conference on Tuesday, is a
correspondent with the Hindi
daily Dainiklagran. His mother Naseeb Kaur said
Jarnail is generally
mild mannered.
Friends and relatives say the
journalist, a father of two,
is deeply religious They have been charged
with, among other things,
criminal conspiracy, forgery
for the purpose of cheating, falsification of accounts and
causing disappearance of evidence. “Raju, along with his
brother and Satyam’s former
managing director B.
Ramaraju, and its former CFO
Vadlamani Srinivas, were the
chief operators of this scam,”
said Narayana.
Narayana detailed the
modus operandi. “The
accused, through their balance
sheets, gave an impression that
they were doing extremely
well, when they were not,” he
said. “This helped in roping in
more foreign investment ... and
more business partners.”
According to him, the
accused also “jacked up their
profits” to dupe Indian shareholders who rushed to buy
company shares sold at inflated prices. “Raju and the other
main operators of this scam
would periodically offload
their promoters’ shares,” he
said. “They would forge their
bank accounts papers, their
bank statements.”
Apart from Narayana and
his team, CBI director
Ashwani Kumar interrogated
Raju and the two other “main
operators” during their custody with the agency .
A spokesperson for
PriceWaterhouse, whose two
auditors — S. Gopalakrishnan
and Talluri Srinivas — were
also charge-sheeted, said,
“PriceWaterhouse India is
surprised and disappointed
that the CBI has pressed
charges against the two partners who worked on the audit
of Satyam’s financial statements.
The Institute of Chartered
Accountants of India has very
recently publicly confirmed
that Satyam’s former CFO has
made it clear to them that neither partner had anything to
do with the fraud at Satyam.”
The charge-sheet papers,
packed in 25 trunks, were
brought to the Nampally metropolitan court in Hyderabad
in a mini van. While the chargesheet itself is 300 pages long,
the annexures run into 65,000
pages — making it the biggest
such document in the country .
abhishek.sharan@hindustantimes.com
A JOURNALIST tossed a shoe
at Union Home Minister P.
Chidambaram during a news
conference in Delhi to protest
the Central Bureau of Investi-
gation's clean chit to Congress
leader Jagdish Tytler in the
1984 anti-Sikh riots.
The shoe didn't hit the min-
ister who got out of the way
just in time. The journalist,
Jarnail Singh, was promptly
led out of the conference being
held at the Congress head-
quarters. Chidambaram car-
ried on with the briefing.
But the incident touched a
raw nerve in the Congress,
prompting a section of the
party to support a rethink on
party tickets to Jagdish Tytler
and Sajjan Kumar - who have
faced charges of involvement
in the anti-Sikh riots.
Party sources said the final
call on Ty der and Sajjan Kumar
wW be taken by Congress pres-
ident Sonia Gandhi, who is cur-
rently campaigning in the
South. Tytler couldn't be con-
tacted despite repeated attempts.
"Congress is a large party
and it takes considered deci-
sions at appropriate time. Let
us see what solutions emerge
in the future," Congress spoke-
sman Ashwini Kumar said
later in the evening. THE MAN WHO THREW THE MISSILE Jarnail Singh, who hurled a
shoe at Home Minister
P. Chidambaram during a press
conference on Tuesday, is a
correspondent with the Hindi
daily Dainiklagran. His mother Naseeb Kaur said
Jarnail is generally
mild mannered.
Friends and relatives say the
journalist, a father of two,
is deeply religious They have been charged
with, among other things,
criminal conspiracy, forgery
for the purpose of cheating, fal-
sification of accounts and
causing disappearance of evi-
dence. “Raju, along with his
brother and Satyam’s former
managing director B.
Ramaraju, and its former CFO
Vadlamani Srinivas, were the
chief operators of this scam,”
said Narayana.
Narayana detailed the
modus operandi. “The
accused, through their balance
sheets, gave an impression that
they were doing extremely
well, when they were not,” he
said. “This helped in roping in
more foreign investment ... and
more business partners.”
According to him, the
accused also “jacked up their
profits” to dupe Indian share-
holders who rushed to buy
company shares sold at inflat-
ed prices. “Raju and the other
main operators of this scam
would periodically offload
their promoters’ shares,” he
said. “They would forge their
bank accounts papers, their
bank statements.”
Apart from Narayana and
his team, CBI director
Ashwani Kumar interrogated
Raju and the two other “main
operators” during their cus-
tody with the agency .
A spokesperson for
PriceWaterhouse, whose two
auditors — S. Gopalakrishnan
and Talluri Srinivas — were
also charge-sheeted, said,
“PriceWaterhouse India is
surprised and disappointed
that the CBI has pressed
charges against the two part-
ners who worked on the audit
of Satyam’s financial state-
ments.
The Institute of Chartered
Accountants of India has very
recently publicly confirmed
that Satyam’s former CFO has
made it clear to them that nei-
ther partner had anything to
do with the fraud at Satyam.”
The charge-sheet papers,
packed in 25 trunks, were
brought to the Nampally met-
ropolitan court in Hyderabad
in a mini van. While the charge-
sheet itself is 300 pages long,
the annexures run into 65,000
pages — making it the biggest
such document in the country .
abhishek.sharan@hindustantimes.com