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CA's Ousted CEO Sanjay Kumar Pulls Rabbit Out of the Hat

Sources Claim the Idea Was Sanjay's, Not His Lawyers
By Maureen O'Gara
Article Rating:
November 26, 2004 12:00 AM EST
Reads:
 9,580

Ousted Computer Associates CEO Sanjay Kumar, who has been indicted for securities fraud, conspiracy, obstruction of justice and lying to law enforcement officials, has managed to get his trial date put off indefinitely.

The government wanted the trial to start next September and said it would only take a month if Sanjay stipulated that CA backdated contracts to the $2.2 billion in revenues over the years so its numbers met guidance, a practice Sanjay denies.

If he didn't stipulate, maybe it would run three months.

Sanjay, claiming due process, countered that his lawyer had to wade through all of the two million odd pages of documents that the government's three-year investigation of CA generated - not just the incriminating stuff - and that it would take them something like two years to do that.

In response, District Court Judge I Leo Glasser put the trial off indefinitely.

Sources claim the idea was Sanjay's, not his lawyers.

 

Published November 26, 2004 – Reads 9,580
Copyright © 2004 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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Most Recent Comments
Dale Anderson 12/17/04 06:36:20 AM EST

I think Mr. Kumar's move was brilliant. What Sanjay stepped into when handed CA by Mr. Wang was a little smelly to begin with.
sanjay 11/26/04 07:55:10 AM EST

Kumar's been charged with allowing $1.4 billion in revenues to be "prematurely recognized" in 2000 from at least 116 contracts that hadn't even been signed yet - that's the allegation anyway. No 2 million pages necessary. Did he or didn't he? How long can it take to decide?
Lawyers Always Win 11/26/04 07:46:48 AM EST

Let's see now, a million pages a year for two years, that's 50,000 pages a week isn't it or 4,000 pages a day. Never mine 2 years, this way I reckon Sanjay Kumar can get the judge to postpone it for ten!