Hyderabad sept 20: In a bid to curb black money and prevent Money laundering Union Ministry of Corporate affairs has disclosed the names of directors who were disqualified last week for associating with shell companies or the companies.
Earlier last week the Union Government has barred 1.06 lakh directors from taking up any positions in the companies.The government yesterday has made 55,000 directors name public so that any other companies appoint them.
According to data released, Hyderabad stands third with 41156 disqualified directors. Some of the directors from Telugu states disqualified include
Dr. Reddy Research foundation directors – Late Anjireddy Kallam, Gunupati Prasad and Satish Reddy
Union Minister Sujana Chowdary's Sujana Power India Ltd – Shankar kundula, Hanumantha Rao Sandepudi, Srinivasa Gottumukkala .
Deccan Chronicle Private Limited -Tikkavarapu Manjula Reddy and Venkata Tikkavarapu , Karthik Iyer Parasuraman, Tikkavarapu Reddy, Enkateswarlu Malapaka, Suresh Srinivasan .
AgriGold Seeds Private Limited directors -Avva Vara Prasad And Venkataseshu Avva
Narne Homes Private Limited -Narne Rao, Narne Malleswari, Srivenkata Gadde Srinivas Rao Narne , Gadde Vijaya Sree, Subba Yamma Narne
Andhra Pradesh State Minorities Finance Corporation Ltd - five directors name have been disqualified.
Union Government Has said many more names of directors would be made public in coming days.