Why Confess ?

Satyam Saga Part III
So you confess to come out in the clean. And will give you immunity against prosecution. No way. But then in this case Mr Raju confessed not to emerge clean or to unburden his consciences as reported by the press.
Boy its simple. His stake in the company has been reduced to about 3%. A hostile or friendly take over of management control is imminent. With such an event round the corner a due diligence is the first thing to happen & every thing will spill out. This eventuality is dreadful to say the least.
So Raju had no choice but to admit his sins.
Raju certainly has no criminal image now. And the powers that be in the state admin are in no hurry to act on him. This is clear. He may get off lightly which is distinct possibility.
Now to brass tacks. What will happen to Satyam ?. The GoI for a change acted right. There were no contradictory statements from various quarters. In fact there was a erie silence. But when the GoI acted they acted swift & decisive. Quickly they dissolved the board. Cancelled the scheduled board meeting and announced that the centre will appoint a set of 10 government nominees to the board as interim directors. This was smart and quick without the usual political rhetoric. And the statement that " employees and stakeholders interests are primary " was another unusual but appropriate response.