Minister vows stern action against officials

Published: 02nd August 2016 07:03 AM  |   Last Updated: 02nd August 2016 07:03 AM   |  A+A-

The Vigilance probe against various officials including the managing director at Malabar Cements Ltd (MCL) will be studied closely by the government and appropriate action will be taken, said Industries Minister E P  Jayarajan.  However, he said, the government will not entertain baseless allegations with the motive of harming the interests of the company. He was speaking after visiting the company and holding discussions with the representatives of the management and trade unions at the factory in Walayar here on Monday. The policy of the LDF Government is not to compromise on corruption. The guilty will be brought before the law, he said. The employees and union leaders have said that they will cooperate to find a solution to the problems faced by the company and undertake expansion works.

VACB files.jpgThe Minister said that by setting up more production centres, more employment could be generated. Currently, MCL had only 10 per cent market share in Kerala . This should be increased. The Travancore Cements company will also be expanded. Both these companies will be developed into the best public sector units in the state. Earlier, MCL managing director K Padmakumar took a power point presentation to explain the functioning of the unit. He said that MCL is all set to clock a gross profit of `60 crore during 2016-17.  The managing director demanded a vigilance cell on the lines of the KSEB at MCL also. P K Shashi MLA, CPI state secretary Kanam Rajendran, district panchayat member Nithin Kanicherry, CPM district secretary C K Rajendran, CPI leader Vijayan Kunissery, CPM leaders Subash Chandra Bose and CITU leader S B Raju and RIAB managing director Dr M Sukumaran Nair were present.


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