State government has transferred Mr. M A Waheed deputy conservator of forests (Management Information System) in the forest department and appointed him as the new Managing Director of AP State Minority Finance Corporation (APSMFC).
Following the multi-crore scam in Minority Finance Corporation, Ilyas Rizvi ex-managing director of AP State Minority Finance Corporation ( APSMFC) had been shunted out from the post and later suspended.
The government had given the extra charge to Mrs. C Parveen Baig, joint secretary Minority Finance Corporation on temporary basis. The government formally appointed Mr. M A Waheed as Managing Director and issued orders in this regard under GO RT 4862 on Wednesday.
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