Ministry of Information and Broadcasting has terminated Nina Lath from the services of Managing Director of National Film Development Corporation (NFDC).
According to a media report, an official from the Department of Personnel & Training, Ministry of Information and Broadcasting stated, “The President has approved the termination of her services as managing director of NFDC. The President’s approval has been communicated to the administrative ministry.”
The I&B ministry uncovered many inconsistencies like the release of advertisement spots to some private channels (specifically Sun TV Network) in abundance of the guided 5% limit stated in the electronic media policy. Additionally, non-refund of commission (15%) to the client ministry, along with charging the I&B Ministry an extra Rs 4.29 crore than the real expenditure.
Lath’s service is terminated with immediate effect with three months’ salary. She was appointed as the Managing Director in April 2006 and launched the Film Bazaar initiative in 2007 and the distribution brand Cinemas of India to release old NFDC movies after restoration.
Last year in August, the ministry had given NFDC the charge of holding the country’s biggest film event, the International Film Festival of India (IFFI), which was earlier handled by the Directorate of film festivals (DFF).