Steel Authority Suspends Two Directors at Direction of Anti-Graft Ombudsman
The suspension will not affect the company's performance, Chairman Amarendu Prakash said in a statement.
SEATTLE (Scrap Monster): India's state-owned Steel Authority of India has suspended two board directors at the direction of the anti-graft ombudsman, the company said in a statement on Sunday, without specifying the allegations.
The suspension will not affect the company's performance, Chairman Amarendu Prakash said in a statement.
'Business is being carried out as usual. We are dedicated to uphold the highest standards of corporate governance and ethical conduct,' he said.
Courtesy: www.business-standard.com