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ArcelorMittal Seek Immunity from Future Probes in Essar Steel -2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry
12/5/2019 钣金展-激光展- Laser expo, Sheet Metal Industry expo |
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ET, citing four people familiar with the matter, reported that Mr LN Mittal of ArcelorMittal has approached the government seeking immunity from likely future investigations pertaining to Essar Steel and its erstwhile promoters as he wants to avoid a recurrence of any controversy akin to the one involving Bhushan Power and Steel, when the Enforcement Directorate attached the firm’s assets after it is to be acquired by JSW Steel. A source said “ArcelorMittal has held talks with several ministers and civil servants, and has received a positive reply.
Another person said “It has been a long battle for the Mittals, and this is their way of preventing future troubles after they transfer money to the banks. ArcelorMittal is very clear it doesn’t want any ambiguity around any present or future liabilities.” 钣金展-激光展-2020年第二十一届广州国际激光设备及钣金工业展 -2020
China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition -Sheet metal exhibition, Sheet metal expo,
2020 Sheet metal exhibition, 2020 Sheet metal expo, China Sheet metal
exhibition, China Sheet metal expo, Laser Equipment exhibition, Laser Equipment
expo, 2020 Laser Equipment exhibition, 2020 Laser Equipment expo, Laser exhibition, Laser expo |
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