KTDA another lesson State should keep off affairs of private companies

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Kenya Tea Development Agency Ltd board at a press conference at their offices. PHOTO | SILA KIPLAGAT | NMG

In 2009, Ramalinga Raju took India’s corporate scene by surprise when he resigned as chairman of Satyam Computer Services, the fourth-largest software exporter at the time.

He admitted that the company had been overstating revenues for years – a scandal in India knowns as “India’s Enron, and he could no longer keep that lie running saying “it was like riding a tiger, not knowing how to get off without being eaten.”

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