Tech Mahindra to World Bank: Remove Satyam Ban

by CXOtoday Staff    Jul 02, 2009

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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