BANGALORE: Even as Satyam Computer Services asked the World Bank to withdraw "inappropriate" statements about the company and to issue an apolog
y for harm done to the company, the World Bank has reportedly clarified that it stood by its statement issued earlier this week.
"The Bank stands by the statement issued on its India website on 23rd December," Reuters quoted Carl Hanlon, a World Bank spokesman in Washington, as saying.
The World Bank’s India spokesperson Sudip Mazumder also told a Daily that the bank stands by its statement issued on its Indian website.
The World Bank said Satyam had been declared ineligible for direct contracts with the bank for eight years, effective from last September.
"Satyam was declared ineligible for contracts for providing improper benefits to Bank staff and for failing to maintain documentation to support fees charged for its subcontractors," the statement read.
However, it said there is no evidence that Satyam was involved in malicious attacks on the Bank's information systems.
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