First-ever suspension at IRDAI: Junior official faces heat over an alleged scam
Aug 27th, 2025 | By ThenewsmanofIndia.com
(THE NEWSMAN OF INDIA.COM) In a first-of-its-kind action, the Insurance Regulatory and Development Authority of India (IRDAI) has reportedly suspended one of its junior officials, Suryanarayana Sastry, Assistant Manager, for financial misconduct. According to sources, serious charges of embezzlement amounting to nearly Rs 18 crore are being linked to Sastry. The suspension order, issued on
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