News: Amway India chairman, two directors granted bail

C-Suite

Amway India chairman, two directors granted bail

A local court on Tuesday granted conditional bail to network marketing firm Amway's India Chairman and CEO William S Pinckney and two company directors who were remanded to 14 days judicial custody.

A local court on Tuesday granted conditional bail to network marketing firm Amway's India Chairman and CEO William S Pinckney and two company directors who were remanded to 14 days judicial custody.

Kalpetta judicial first class magistrate N Ravishankar, who remanded the three to judicial custody yesterday, granted them bail with conditions including that the accused should report to the investigating official as and when directed.

Pinckney and directors Sanjay Malhotra and Anshu Budhraja were arrested by the Wayanad crime branch (Economic Offences) wing from Kozhikode yesterday in connection with three fraud cases registered in Wayanad district.

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Topics: C-Suite, #Updates

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