William S Pinckney, Chairman and CEO
of Amway India was on Tuesday placed under arrest by the Andhra Pradesh Police
in connection with a complaint against the direct-selling firm. Kurnool
Superintendent of Police Raghurami Reddy said Pinckney was apprehended in
Gurgoan on Monday and was brought to Kurnool on a warrant. The arrest was based
on a complaint alleging unethical circulation of money through Amway's
operations. "He will be produced in the court shortly. The CEO has been
booked under the Prize Chits and Money Circulation. Schemes (Banning)
Act," Reddy told PTI. This is the second time that the Amway India CEO has
been taken into custody. A year ago Kerala Police arrested Pinckney and two
company Directors on charges of financial irregularities.
William S Pinckney, Chairman and CEO of Amway India was on Tuesday
placed under arrest by the Andhra Pradesh Police in connection with a
complaint against the direct-selling firm.
Kurnool Superintendent of Police Raghurami Reddy said Pinckney was
apprehended in Gurgoan on Monday and was brought to Kurnool on a
warrant. The arrest was based on a complaint alleging unethical
circulation of money through Amway's operations.
"He will be produced in the court shortly. The CEO has been booked under
the Prize Chits and Money Circulation. Schemes (Banning) Act," Reddy
told PTI.
This is the second time that the Amway India CEO has been taken into
custody. A year ago Kerala Police arrested Pinckney and two company
Directors on charges of financial irregularities.
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
illiam S Pinckney,
Chairman and CEO of Amway India was on Tuesday placed under arrest by
the Andhra Pradesh Police in connection with a complaint against the
direct-selling firm.
Kurnool Superintendent of Police Raghurami Reddy said Pinckney was
apprehended in Gurgoan on Monday and was brought to Kurnool on a
warrant. The arrest was based on a complaint alleging unethical
circulation of money through Amway's operations.
"He will be produced in the court shortly. The CEO has been booked under
the Prize Chits and Money Circulation. Schemes (Banning) Act," Reddy
told PTI.
This is the second time that the Amway India CEO has been taken into
custody. A year ago Kerala Police arrested Pinckney and two company
Directors on charges of financial irregularities.
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
This is the second time
that the Amway India CEO has been taken into custody. A year ago Kerala
Police arrested Pinckney and two company Directors on charges of
financial irregularities.
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
This is the second time
that the Amway India CEO has been taken into custody. A year ago Kerala
Police arrested Pinckney and two company Directors on charges of
financial irregularities.
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/current-affairs/amway-india-ceo-arrested-for-unethical-circulationmoney_1093328.html?utm_source=ref_article
Indian Rupee Exchange Rate
No comments:
Post a Comment