Bse Suspends Debt Markets Director
The Bombay Stock Exchange (BSE) on Thursday suspended its debt markets director G L Gera on charges of administrative and financial mismanagement.
Sources said Gera was having unauthorised access to the telephone lines of the exchange and a three-member inquiry committee has been set up to ascertain the seriousness of the mismanagement.
The exchange has already informed the Securities and Exchange Board of India (Sebi) about the action.
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Gera, when contacted, said he would wait until the investigations were over before taking any decision.
He said during any restructuring process some people were bound to be wrongly indicted and