Kumar quits after CA restates 2004 accounts

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In an attempt to refurbish a reputation tainted by an accounting scandal, Computer Associates announced that former international chief executive Sanjay Kumar will leave the company.

In April, Kumar resigned from the company's board and relinquished the CEO's post for the job of chief software architect.

The IT giant has been hamstrung by revenue recognition scams identified in its 2000 and 2001 results, which resulted in the resignations of of top executives including Kumar and guilty pleas by three finance vice presidents on fraud conspiracy charges.

In its full-year results published in April, the company included a $10m charge as a provision against a proposed settlement to end the US government investigation into its accounting practices. While seeking to settle, CA noted that it couldn'...

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