KTM Board Members Locked in Financial Dispute as Company Faces Insolvency Crisis
While KTM needs to secure €600 million (i.e. approximately ₹5,732 crore) by the end of May, its board members are now suing each other for not being upfront. The dispute centres around Stefan Pierer and Stephan Zöchling, both of whom are board members of Pierer AG and KTM AG alike. The German publication, Der Standard,…