2G case: Reliance ADAG official deposes as witness
Reliance Powers' Deputy General Manager Paresh Rathod, in his earlier statement to CBI, had said he had resigned as one of the directors of Swan Capital Pvt Ltd on Nair's orders but he failed to recollect the same today in the court.
"I do not remember if I had told the investigating officer (IO) that Dinesh Modi and myself resigned as directors for Swan Capital (P) Limited on January 22, 2007 on the asking of Hari Nair, other company secretary....”
"I do not remember if I had told the IO that the cheque of Tiger Traders (P) Ltd was not deposited by me on the asking of Hari Nair," Rathod, testifying as a prosecution witness, told Special CBI Judge O P Saini.
Rathod deposed in the court today that he had resigned as the Director of Swan Capital Pvt Ltd and Tiger Traders Pvt Ltd on the asking of his senior colleague Ramesh Shenoy.
This, however, led the CBI prosecutor to cross-examine Rathod saying "the witness was resiling from his earlier statement."
During the cross-examination, Rathod failed to remember if he had told CBI that he had resigned as one of the directors of Swan Capital Pvt Ltd on January 22, 2007, on the asking of Nair.
"About 50 per cent of consumers surveyed in over 40 countries stated that they do everything they can to protect the environment, but only a small proportion buys ethical brands and pays more for organic food," it added.
At the same time, 80 percent of emerging market consumers said they have more trust in a brand that is ethically and socially responsible.
More from India
More from World
More from Sports
More from Entertaiment
- Cortana for Android available for public beta in US
- Xiaomi Redmi 2 Vs Redmi 2 Prime: Specification comparisons
- Middle class woes to continue, wholesale onion price shoots up to Rs 57 per kg
- Alleged land encroachment in Greater Noida: HC asks DM to decide representation in 3 months
- Watch: Review of Mahindra TUV300