Upaid seeks Satyam officials' testimony
Upaid Systems, a UK-based mobile payment services provider, on Thursday said it is asking a US court to seek a testimony from top Satyam officials in connection with the Indian co’s abortive attempt to buy two firms.
Upaid said it is making the move because of the possibility of Satyam depleting its assets by acquiring the firms for $1.6 billion ahead of a judgment in a legal battle it is fighting against the Indian IT firm.
Satyam declined to comment, saying the matter was sub-judice.
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