One of India's largest gold exporters paid its managing director just $180 a month, investigators say in accounting probe

Indian authorities have uncovered significant accounting irregularities in the financial records of Rajesh Exports, one of the country's largest gold exporters, which also owns Swiss refiner Valcambi. Investigators revealed that the company's managing director was paid a shockingly low $180 per month, raising questions about the company's internal financial practices and governance. This discovery is crucial as it highlights potential widespread issues in corporate transparency and financial accountability within India's booming gold industry, which could have broader implications for investor trust and regulatory scrutiny.