CMA fails to fully disclose board pay
5 days ago, 17:47
The Capital Markets Authority (CMA) has admitted that it did not fully disclose details of how independent directors earned large sums in sitting allowances for the year ended June 2017, putting to question the state of corporate governance in an agency whose mandate is to protect investor interests in public listed companies. The CMA said in response to media queries that it had not disclosed in its annual report the fact that its board members were also paid a sitting allowance for attending f ...
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