One of the new directors of Satyam Computer appointed by the government, Kiran Karnik has expressed concerns over actual financial liability of beleaguered IT giant.

He said that it is difficult to arrange loans under current scenario and it will be difficult for the company to manage the expenses.

While speaking to NDTV, he said that the company has great talent pool which is able to restore its position in the market. The board of directors is working on various measures to get financial aid and to re-build confidence of investors and employees.

The statement by Kiran Karnik assumes significance as government is already working on ideas to provide financial package for the company. Prime Minister Manmohan Singh and top ministers and officials recently held meeting in New Delhi to finalize financial package for Satyam Computer Services.

About 53 thousand employees are currently working with Satyam and salary pay out is the major issues due to poor liquidity conditions of company. Government can better understand the political cost of large scale retrenchments as general elections are heading in May this year.