MUMBAI: Businessman-Gautam Thapar joined the probe initiated by the ministry of corporate affairs officials investigating alleged financial irregularities in CG Power and Industrial Solutions and is believed to have dismissed the accusations made by the company’s board regarding unauthorised transactions and raised doubts over the credibility of the report submitted by an independent law firm, according to sources in the know of things.
Thapar was ousted from the chairmanship of the troubled CGPower and Industrial Solutions last week after alleged irregularities and unauthorised transactions surfaced. He presented himself before the MCA officials on Tuesday, while former chief financial officer of the company VR Venkatesh, who was sacked for his role in the said transactions, was summoned by the MCA team on Wednesday.
