Thursday, August 29, 2019

CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny

CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny The internal investigation launched by the board had unearthed several multi-crore fraudulent transactions that point towards alleged fund diversion, mismanagement, unauthorized advances and corporate guarantees to promoter affiliate companies and connected parties.

from Moneycontrol Business News https://ift.tt/2L61wj7

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