SFIO to question former IL&FS directors, consultants: Sources

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NEW DELHI: The Serious Fraud Investigation Office (SFIO) will shortly question former independent directors of IL&FS, as well as experts and consultants associated with the crisis-ridden company for allegedly failing to raise issues concerning its vital interests, official sources here said on Wednesday. An agency under the Ministry of Corporate Affairs (MCA), the SFIO has already questioned the IL&FS auditors, key managerial personnel and its credit rating agencies in this regard.  “We will go step by step. Auditors, KMPS (key managerial personnel) and credit rating agencies have been questioned. Next, the indpendent Directors , experts and consultants will be questioned.  Everybody who is associated with the decision making prpocess- board, management and committees, including the risk management and audit panels, will be questioned”, one source said. IANS



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SFIO to question former IL&FS directors, consultants: Sources SFIO to question former IL&FS directors, consultants: Sources Reviewed by Online News Services on May 16, 2019 Rating: 5

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