Satyam has selected 2 persons for CEO, CFO post: PC Gupta

Minister for Corporate Affairs PC Gupta said the Satyam board has finally zeroed in on two people for the CEO and CFO post. Refusing to name the candidates, the minister said the two candidates had sought legal immunity. "There are cases pending in different courts [against Satyam] and they want some protection so that in case of liabilities, they are not held responsible."
Gupta also said both the candidates were not from Satyam but "from the industry". He added, "The person who has been identified for the post of CEO... has a vast experience of running large MNC and national companies in India."
Gupta also said the government need to relook at the issue of independent directors. He added that the new company bill will have civil liability as well.
Source: Moneycontrol.com