SFIO probe into SpeakAsia affairs hits legal hurdle

Last Updated: Sunday, September 30, 2012, 11:12

The Serious Fraud Investigation Office's probe into the alleged scam at multi-level online marketing entity SpeakAsia has hit a legal hurdle on whether the agency has powers to investigate a company registered outside India.

SFIO report on Reebok India affairs likely by Nov

Last Updated: Friday, September 28, 2012, 16:24

The Serious Fraud Investigation Office (SFIO), probing the alleged irregularities at Reebok India, is likely to submit its report by November as the sports wear maker is still finalising its accounts.

SFIO seeks MCA, Law Ministry advice on SpeakAsia matter

Last Updated: Tuesday, September 18, 2012, 11:04

SFIO, a multi-disciplinary organisation under the Ministry of Corporate Affairs (MCA), has the mandate to probe serious financial frauds at the companies.

SFIO probing possible frauds in company liquidations

Last Updated: Sunday, September 9, 2012, 14:47

The Serious Fraud Investigation Office (SFIO) is looking into various cases of the companies' liquidation, to ascertain whether any financial irregularity has taken place at the entities being wound up.

Radia's companies under SFIO scanner: Moily

Last Updated: Friday, July 6, 2012, 21:07

Corporate lobbyist Nira Radia's companies have come under the scanner of the Serious Fraud Investigation Office (SFIO) of the Corporate Affairs Ministry, more than a year after she attracted attention in the wake of telephone tapping episode.

SFIO report on Reebook fraud likely in 2 months: Moily

Last Updated: Friday, June 29, 2012, 18:01

The Serious Fraud Investigation Office (SFIO) may submit within two months its report on the probe into the alleged Rs 870-crore fraud in Reebok India by two former top executives of the company, Corporate Affairs Minister Veerappa Moily said on Friday.

SFIO to decide on probing KPMG's role in Reebok case: Moily

Last Updated: Monday, June 11, 2012, 18:02

The government Monday said it will be up to corporate fraud probe body SFIO to investigate role played by global audit firm KPMG in the alleged Rs 870 crore fraud in Reebok India by its two former top executives.

SFIO budget cut to impact investigations

Last Updated: Tuesday, May 1, 2012, 12:09

Budget allocation for the investigation arm of the ministry has been cut down by 15 percent, a move that earned criticism from the Parliamentary Standing Committee of the Finance Ministry in its report tabled in Parliament on April 24, 2012.

SFIO budget cut to impact investigations

Last Updated: Tuesday, May 1, 2012, 12:09

Budget allocation for the investigation arm of the ministry has been cut down by 15 percent, a move that earned criticism from the Parliamentary Standing Committee of the Finance Ministry in its report tabled in Parliament on April 24, 2012.

No corporate impropriety by Sesa Goa, says new SFIO report

Last Updated: Monday, March 5, 2012, 20:56

In a U-turn, the fraud probe agency SFIO in its latest report said that mining major Sesa Goa Ltd (SGL) has not indulged in any corporate impropriety with regard to allegations of over and under invoicing of exports and imports.