PMK Administrator Ashok Srinidhi Alleges MYV3 Ads Company Selling Assets

PMK administrator Ashok Srinidhi released a video on July 12, claiming that Coimbatore's MYV3 Ads company is attempting to sell its assets and convert them into cash for hoarding.


Coimbatore: PMK administrator Ashok Srinidhi has released a new video on his X (formerly Twitter) page on July 12, alleging that Coimbatore's MYV3 Ads company is attempting to sell off its assets and convert them into cash. In the video, Srinidhi discusses the company's assets and how they are being handled.

In his post accompanying the video, Srinidhi stated, "We have mentioned multiple times that MYV3 ADS is selling its assets. Accordingly, they are trying to sell a car just three months after purchasing it. They bought the car for 62 lakh rupees and are now attempting to sell it for 45 lakhs."

Srinidhi emphasized that this money belongs to the public and should reach those who have been affected by the company's actions. He claimed that through this sale, they could potentially return money to 60 people. The PMK administrator has called for police action on this matter, urging authorities to investigate the alleged asset liquidation.

The video and accompanying post have raised concerns about the financial practices of MYV3 Ads and the potential impact on investors. As the situation unfolds, many are watching to see how local authorities will respond to these allegations and what steps, if any, will be taken to address the concerns raised by Srinidhi.

Global Demand for Chartered Accountants Rising Rapidly Across Industries, Says Former ICAI President

Around 110 newly qualified Chartered Accountants received degrees during the first-ever ICAI convocation held in Coimbat...

FICCI, CODISSIA and NSE Host Workshop on Unlocking Growth Through Capital Markets and IPOs

Industry leaders and financial experts highlighted the growing importance of capital markets and IPOs as powerful tools...

Fake Narratives in Sulur Case: DMK Legal Wing Files Complaint Against Pro-TVK Social Media Handles

DMK Legal Wing has filed a criminal complaint with the DGP and Greater Chennai Police Commissioner against two individua...

IT Employee Petitions for Government Honours for Mullivaikkal, Sterlite Victims

Aravind, an IT employee from Veerakeralam area in Coimbatore, has submitted a petition to the District Collector demandi...

Two-Day Agricultural Export Training at TNAU: Opportunity for Farmers and Entrepreneurs

Tamil Nadu Agricultural University is conducting a two-day training program on agricultural export documentation and pro...

TNAU Offers One-Day Mushroom Cultivation Training on June 5

Tamil Nadu Agricultural University's Plant Pathology Department is conducting a one-day mushroom cultivation training on...