Wednesday August 1,2012 : FINANCE DIRECTOR LEAVES MEDIA CORP (Update)
 
For reasons undisclosed
 
Media Corp, the parent company of the disgraced Purple Lounge Group, has announced the departure of group finance director Nilesh Jagatia for specific reasons undisclosed other than to say he has left to "pursue other interests".
 
Jagatia who joined the group in June 2007, additionally served as company secretary, Board director and an audit committee member.
 
Media Corp's board said it was in the process of finalising the appointment of further directors and senior staff towards strengthening the Company's management going forward.