Financial Daily from THE HINDU group of publications
Sunday, Jun 02, 2002
Financial Daily from THE HINDU group of publications Sunday, Jun 02, 2002 |
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Policy Government - Policy Industry & Economy - Economic Offences Gond suspended Our Bureau
NEW DELHI, June 1 THE Union Government has suspended Mr A.K. Gond, Commissioner of the beleaguered Seamen's Provident Fund Organisation, to facilitate a "free and fair" probe into the gilts scam. The order for suspending Mr Gond was cleared by the Union Shipping Minister, Mr V.P. Goyal, last week, the sources said. The SPF Organisation had given Rs 92.78 crore to Home Trade and Gilt Edge for investment in government bonds and securities in violation of the prudential guidelines.
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