Punit Goenka exposes Invesco’s fraud in ZEEL board meeting
Zee News
In his letter, he clarified that Invesco representatives had approached him about a combination with a strategic group.
The illegal attempt by Invesco to take over Zee Entertainment has been totally exposed. The board has been informed of Invesco's double standards by Punit Goenka, MD and CEO of ZEEL. Punit Goenka gave a presentation at a Board of Directors meeting on October 12, 2021 in which he told the board about his interaction with an Invesco representative in February 2021. Punit Goenka has also written to the BSE and the NSE in this regard.
ZEEL Board meeting on Invesco case
Punit Goenka has exposed Invesco's double standards. In his letter, he clarified that Invesco representatives had approached him about a combination with a strategic group. This discussion also included Arun Baloni of Invesco and Bhatosh Bajpai of OFI Global China Fund. In front of Punit Goenka, both promised to merge with a large strategic group in India. The 'Strategic Group' valuation was proven to be exaggerated.
