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CG Power: Curious case of misstatements and financial fraud

Updated : August 20, 2019 01:36 PM IST

Risk and Audit Committee raises several red flags.
Several suspect, unauthorised and undisclosed transactions and entries identified.
Committee flags understated liabilities, related party transactions, unauthorised guarantees, understated net worth and unauthorized write offs
CG Power: Curious case of misstatements and financial fraud

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