Resignation of Sayyu Dantata as Chairman Board of Directors of Oil Company MRS

The details of specifics development that resulted in the resignation of Sayyu Dantata as chairman Board of Directors of Oil company MRS is still shrouded.

It is being kept guarded.

Efforts at finding out were severly rebuffed.

Though talks are abounding of internal turbulence.

He is replaced as Chairman by Patrice Alberti, Managing Director of MRS Group of companies.

Before he tendered his resignation last week, Dantata’s position as Chairman is said to have been under threats for some time over this and that mega deals gone bad under his watch.