My View on "Institute of Actuaries of India expels R Kannan..":
The reporting in TOI is a real vannila reporting without any information on why this extreme action of expulsion of such a senior member. Who will tell why this has happened? Why this expulsion? What is the basis of slapping a token fine of Rs.5 lakh only if the financial irregularities (which may include some fradulant act also) were serious, then the authorities should have recovered the full amount of loss withe and also taken criminal action against the member. Why no information on this. TOI may need to investigate it further and come out with the truth which will expose those who had gone beyond their brief and helped him to escape with a slap of a small fine and expulsion. - S.Santhanam
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