SFIO Probe Against 196 Companies in Three Years

The Corporate Affairs Ministry has ordered Serious Fraud Investigation Office (SFIO) probe against 196 companies in nearly three years, with 42 coming under the scanner n the current fiscal. In a reply to the Rajya Sabha on Tuesday, Corporate Affairs Minister Arun Jaitley said the SFIO probe was ordered with respect to 42 cos in current financial year till December 2015. SFIO was asked to probe the affairs of 83 companies in 2013-14 and the number stood at 71in 2014-15.

The Economic Times, New Delhi, 9th March 2016

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