In a quick assertion printed on its web site,
“The corporate has demanded accountability from the six executives and has sanctioned them,” the doc learn.
The conglomerate mentioned it “connected nice significance” to those occasions, including that it could impose “severe sanctions” on managers.
The group mentioned it “requires” its funding administration subsidiary to “strictly observe printed (funding) swap plans” to ensure “justice, impartiality and honest therapy.”
In current weeks,
Uncertainty in regards to the firm’s future elevated particularly after the deadlines to pay curiosity on two packages of offshore bonds expired, though it has a 30-day extension earlier than it’s formally thought-about to have defaulted.
On Monday, the group’s shares froze their buying and selling in
© 2021 EFE Information Companies (U.S.) Inc., supply