India fraud kills IT hub for Geelong
The plan was for a massive $75 million IT hub at Deakin University that would help create Geelong’s Silicon Valley and deliver 2000 jobs.
But now there are just a few new roads leading to empty paddocks, a hole in the pocket of Victorian taxpayers and no guarantees the project will ever be built.
...
The Deakin IT plan, which was to be bolstered by cash from the state and federal governments, the Geelong Council and 10 hectares of free land from Deakin University, was to entice Indian IT giant Satyam to establish a new ‘‘software development and training campus’’ at Deakin’s Waurn Ponds campus on the outskirts of Geelong. The plan appeared assured last April when Premier John Brumby and then Satyam chairman Rama Raju visited Geelong to announce the deal.
...
But now Mr Raju (Satyam CEO) and his brother Ramalinga Raju have been jailed after Ramalinga Raju admitted a massive $1 billion accounting fraud in January.
...
The World Bank has also banned Satyam from providing computer services and Satyam has been suspended from a State Government panel used to select new IT suppliers.
Read more.
In other words, even angmos will kenna fucked when dealing with the perpetually pungent keling snakes. Even World Bank now scared!
Kelings only know how to take, dunno how to give back. Serve those stupid idiots who want to deal with snakes right. If one plays with smelly venomous snakes, prepare to be bitten and lose the sense of smell.
What the fuck does that tell you about keling snakes in general?
India is the centre for BPO - backside poking ordeals.
The plan was for a massive $75 million IT hub at Deakin University that would help create Geelong’s Silicon Valley and deliver 2000 jobs.
But now there are just a few new roads leading to empty paddocks, a hole in the pocket of Victorian taxpayers and no guarantees the project will ever be built.
...
The Deakin IT plan, which was to be bolstered by cash from the state and federal governments, the Geelong Council and 10 hectares of free land from Deakin University, was to entice Indian IT giant Satyam to establish a new ‘‘software development and training campus’’ at Deakin’s Waurn Ponds campus on the outskirts of Geelong. The plan appeared assured last April when Premier John Brumby and then Satyam chairman Rama Raju visited Geelong to announce the deal.
...
But now Mr Raju (Satyam CEO) and his brother Ramalinga Raju have been jailed after Ramalinga Raju admitted a massive $1 billion accounting fraud in January.
...
The World Bank has also banned Satyam from providing computer services and Satyam has been suspended from a State Government panel used to select new IT suppliers.
Read more.
In other words, even angmos will kenna fucked when dealing with the perpetually pungent keling snakes. Even World Bank now scared!
Kelings only know how to take, dunno how to give back. Serve those stupid idiots who want to deal with snakes right. If one plays with smelly venomous snakes, prepare to be bitten and lose the sense of smell.
What the fuck does that tell you about keling snakes in general?
India is the centre for BPO - backside poking ordeals.
