Journalism of Courage
Advertisement
Premium

Sithara Directors abscond

BANGALORE, June 23: The Directors of Sithara Farms and Resorts Ltd. and Carnatic Agro Dairy Farms have reportedly absconded, cheating depos...

.

BANGALORE, June 23: The Directors of Sithara Farms and Resorts Ltd. and Carnatic Agro Dairy Farms have reportedly absconded, cheating depositors of large sums of money. The Managing Director, K L Ashok and his associates and relatives, had fled after disposing of the firms’ moveable and immoveable assets, the marketing manager of the company, Narayana Murthy, said. The company had launched various schemes, including supply of rice at Rs 2 a kg and milk at Rs 2 a litre.

Tags:
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
Bihar Election ResultsNitish factor propels NDA towards Bihar sweep, Tejashwi fails to retain strongholds
X