In all, 37 cases were referred to the Serious Fraud Investigation Office (SFIO) during the last three years i.e. during the years 2006-07, 2007-08 and 2008-09. Out of these 37 cases, investigations in respect of 9 cases have been completed. Number of people in respect of other six companies will be known only after launching [...]
Archive for the ‘Auditing’ Category
In Last Three Year 37 Cases Referred to SFI and Investigation Completed in only 9 Cases
Posted by admin on August 16th, 2009
Public Sector Units Understating Liabilities, Overstating Assets: CAG
Posted by admin on August 16th, 2009
Even as the government termed the forgery of about Rs 10,000 crore in private technology services provider Satyam Computer Services as ‘an aberration’ on Thursday, a report by the Comptroller Auditor General of India points to significant irregularities in the accounts of its own companies, including NTPC, Bharat Heavy Electricals Ltd (Bhel), Mahanagar Telephone Nigam [...]


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