Clar­i­fi­ca­tion

The Economic Times - - Smart -

In re­sponse to the story “Ri­coh In­dia un­der Sebi lens for ir­reg­u­lar­i­ties” pub­lished on Tues­day April 12, for­mer MD of Ri­coh Manoj Ku­mar said: “I would like to clar­ify that I was not in­volved in the day-to-day work of the ver­i­fi­ca­tion agency and have pro­ceeded on leave purely as a mat­ter of stan­dard prac­tice to en­sure an ex­pe­di­tious and fair con­clu­sion of this ex­er­cise. Fur­ther, my de­ci­sion to re­sign from the board of the com­pany was en­tirely on per­sonal grounds and is not in any man­ner, re­lated to this ver­i­fi­ca­tion ex­er­cise.”

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