Hyderabad News

Controversial decisions taken during MFC meeting

Controversial decisions taken during MFC meeting

The wilfulness and irregularities in Minority institutions reported in Siasat proved true on Friday, when Minority Finance Corporation called an emergency meeting of its Board of Director and took controversial decisions as expected. Secretary Minority Welfare Syed Omer Jaleel who is the Chairman of corporation passed a resolution in favour of restoring of services of his kin.

It must be recalled that, 2 days ago, Siasat had revealed about the preparation for meeting of Board of Directors of MFC and proposed agenda.

It is said that the emergency meeting was convened with the sole secret agenda to restore the services of general manager of the corporation even after his retirement. Though the matter was not included in the agenda but at the behest of Secretary Minority Welfare and Managing Director Minority Finance Corporation the resolution was passed to continue the services of the said person.

Following the meeting Secretary Minority Welfare admitted while talking to ‘Siasat’ that the general manager of the corporation will retire on Saturday. Present managing director had proposed to continue his services hence resolution was passed in the meeting to restore his services.

Siasat news