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UzAuto Motors CEO fined for delayed management of foreign receivables
The CEO of UzAuto Motors and UzAuto Motors Powertrain, Bo Andersson, has been fined 5% of his salary.
The penalty was imposed due to the failure to promptly address overdue accounts receivable from the company's foreign trade operations.
"In accordance with Article 312 of the Labor Code of the Republic of Uzbekistan (disciplinary measures), disciplinary action in the form of a fine of 5% of salary is applied to the CEO of the company, Bo Inge Andersson," the statement reads.
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