Satyam's Proposed IT Park in Jeopardy

"A few months ago, Satyam had conveyed to the IT department to convert the IT park into an SEZ in Gandhinagar," the official said, adding that subsequently, there was no communication from the company.

However, following the disclosure of the fraud committed by fudging the accounts, the company is in trouble and may not go ahead with the proposed park, the official added.