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Tech Mahindra to World Bank: Remove Satyam Ban|
- By CXOtoday Staff, Jul 02, 2009 1712 hrs IST
- Tags : Tech Mahindra, Satyam, Mahindra Satyam, World Bank
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Tech Mahindra has written to the World Bank seeking an end to the eight-year ban imposed on Satyam for allegedly providing improper benefits to bank staff.
Satyam was blacklisted last September and a month later forced to deny reports that its contractors had installed spy software on World Bank computers.
Tech Mahindra also said that it remains committed to developing a 75 million dollar IT facility in Geelong and will continue to service Telstra despite losing a 30 million dollar-plus contract. The company has reaffirmed its commitment in talks with Victorian innovation minister Gavin Jennings earlier this week.
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