Former APSFL MD suspended for financial mismanagement

VIJAYAWADA: AP State FiberNet Limited (APSFL) former Managing Director M Madhusudhan Reddy was placed under suspension on charges of committing serious irregularities and financial mismanagement in APSFL during his tenure.

The 2008 batch IRAS official, who was on deputation to the AP government, was suspended under sub rule (1) of rule 20 read with sub rule (1) of rule 10 of the Central Civil Services (Classification, Control & Appeal) Rules, 1965. An order to this effect was issued by Chief Secretary Neerabh Kumar Prasad on Monday.