Dean Rao might have to step down

Dr. M R Rao, currently dean at the Indian School of Business (ISB) in Hyderabad, might have to step down from this position if news items appearing in the media are to be believed. Prof Rao is an eminent luminary of Indian academia and has held numerous prestigious positions and won several awards (profile). The involvement of his name in the murky Satyam affair does not bode well for the reputation of ISB which is still young and in the nascent stages of building its brand internationally. In due course the details of this would become more clear but for the time being Prof Rao and ISB would have to fight their way through scrutinizing eyes.
It would be good to know what current and prospective students think of this development.