ED probes Rajesh Exports: Rs 7.7 lakh cr revenue but CFO unpaid since 2020, MD on Rs 17,000/month
India's largest gold exporter under Enforcement Directorate scrutiny over governance red flags. Despite cumulative revenue of Rs 7.7 lakh crore, the Bengaluru-based refiner's CFO has drawn no salary since 2020 and MD just Rs 17,000/month, triggering deep dive into accounts and related-party transactions.
ED is probing Rajesh Exports, India's largest gold exporter/refiner, flagging that despite Rs 7.7 lakh crore cumulative revenue, the CFO has drawn no salary since 2020 and the MD just Rs 17,000/month, prompting scrutiny of accounts and related-party transactions.