The government is likely to order an SFIO probe on the financial irregularities at troubled mortgage firm DHFL soon, an official said.
The Registrar of Companies, Mumbai office, has submitted its report on Dewan Housing Finance Corporation (DHFL) to the Ministry of Corporate Affairs a couple of days ago, an official said.
There is good enough reason to refer the matter of DHFL to the Serious Fraud Investigation Office (SFIO), the official said, adding, the report indicates fund diversion and siphoning.
The matter will be referred to the agency in the next few days, the official added.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.