...
...
Next Story

Bug in the system

The Satyam saga has surely blown this e-governance façade. If computers could help in curbing corrupt practices, how does one explain that Raju, the disgraced founder of Satyam, should be able to forge computerised bank statements, writes Devinder Sharma.

Updated on: Jan 27, 2009, 23:26:22 IST
None | By
Prefer HTon Google
Advertisement

For years we were told that reliable and accurate information is a precursor to curbing corruption. Bridging the digital divide by extending computerisation is still being promoted as a sure way to fight corruption. The World Bank says it, the UN promotes it, and the business of making corruption history proliferates.

HT Image
HT Image

I had always challenged the popular contention. The New Age management gurus, whose jobs are linked to promoting the use and application of technology, would only snigger. E-governance is the buzzword and how can someone dare to question the perceived role computers can play in fighting corruption.

The Satyam saga has surely blown this e-governance façade. If computers could help in curbing corrupt practices, how does one explain that Ramalinga Raju, the disgraced founder of Satyam Computer Services, should be able to forge computerised bank statements to dupe auditors, fake employee numbers to siphon-off money, and divert funds from his company to enter into benami land deals for thousand of acres? And what about the auditors, a part of the global PricewaterhouseCoopers organisation? Were they not using computers?

The collapse of the financial markets in the United States, which triggered a global economic meltdown, happened under the very watchful eyes of the computer.

I can understand what must have gone wrong when the computer was non-existent at the time of the Great Depression in the 1930s, but still can’t fathom how the 2008 financial collapse took place when everything was computerised. Now, don’t get me wrong. I am not against the use of computers, but strongly feel that e-governance and information communication technology (ICT) using to eradicate corruption is not only far fetched but fundamentally flawed.

Devinder Sharma is a New Delhi-based writer

 
Get Latest News, breaking headlines, and top India News, and today real-time updates from across the nation. Stay informed on politics, government policies, crime, Today Weather, and major developments on Hindustan Times
Get Latest News, breaking headlines, and top India News, and today real-time updates from across the nation. Stay informed on politics, government policies, crime, Today Weather, and major developments on Hindustan Times
SHARE THIS ARTICLE ON
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks