Tuesday, November 12, 2019

Fraud-hit CG Power asks firms linked to promoter Gautam Thapar to return Rs 3,300 crore

CG Power had in August stated that an investigation instituted by its board had found major governance and financial lapses, including some assets being provided as collateral and the money from the loans siphoned off by "identified company personnel, both current and past, including certain non-executive directors."

from Energy-Industry-Economic Times https://ift.tt/33Iqrjk

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