Sfio
Recent Highlights
All Stories for Sfio
SFIO begins probe into alleged irregularities at CG Power and Industrial Solutions, 15 group firms
•The Serious Fraud Investigation Office (SFIO) has started probe into the alleged irregularities at CG Power and Industrial Solutions Ltd and its 15 group companies
DHFL crisis: Govt orders SFIO probe into financial fraud charges against debt-laden mortgage lender, 5 other real estate firms
Fp Staff •The debt-ridden DHFL came under the scanner in the wake of allegations that the company had siphoned off Rs 31,000 crore worth bank loans through layers of shell entities.
Jet Airways crisis: Naresh Goyal, debt-laden airline come under SFIO investigation for fund diversion
Fp Staff •In July this year, the government had ordered an investigation into the alleged mismanagement of funds at Jet Airways, which halted operations in April this year after running out of cash.
Govt orders SFIO probe against crisis-hit DHFL after finding instances of suspected fund diversions
•The government has ordered an SFIO probe into alleged financial irregularities at mortgage lender DHFL after finding instances of suspected fund diversions, according to a source
DHFL crisis: Savings of over 1 lakh fixed deposit holders at risk as trouble mounts for debt-laden mortgage firm
Fp Staff •Cases of fund diversions, as revealed in a forensic audit by accounting firm KPMG, may scuttle the resolution plan for DHFL that has been in the works for several months.
DHFL crisis deepens: Govt likely to order SFIO probe into mortgage firm's financial irregularties
•The government is likely to order an SFIO probe on the financial irregularities at troubled mortgage firm DHFL soon, an official said
Religare fraud case: Delhi court grants 4-day custodial interrogation of Singh brothers, 3 others
Fp Staff •Former Fortis Healthcare promoters Malvinder Singh, his brother Shivinder Mohan Singh and three others, arrested for allegedly misappropriating funds of Religare Finvest Ltd (RFL) and causing it losses of Rs 2,397 crore, were produced before a Delhi court on Friday
Bhushan Power buyout: NCLAT to hear probe agencies over JSW Steel's plea seeking protection from investigation against BPSL
•The NCLAT also said it will decide over the payment of Rs 19,350 crore by JSW Steel to the Committee of Creditors of Bhushan Power and Steel on the next date of hearing.
Supreme Court sets aside Delhi HC order granting bail to ex-CFO of Bhushan Steel
•Johari was arrested by the SFIO on May 2 for alleged fraudulent activities, including filing false documents with various banks
IL&FS case: Ramesh Chandra Bawa's wife, daughter seek to unfreeze bank accounts citing no mention in charge sheet, SFIO report
•NCLT adjourned the hearing on a ministry plea seeking a five-year ban on IL&FS group auditors Deloitte Haskins & Sells and the KPMG affiliate BSR & Associates for their criminal role in the scam to 19 July.