Monday, April 30, 2012

Ex-NKF CEO repays $4m debt owed to charity

Ex-NKF CEO repays $4m debt owed to charity: With a final payment of $250,000, a chapter of the National Kidney Foundation (NKF) saga, which involves former chief executive T.T. Durai and three former officials, comes to a close.

Mr Durai has repaid in full the $4.05 million he owed the charity, reported The Sunday Times. To avoid bankruptcy, the disgraced ex-CEO had agreed to pay the debt in instalments.

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