News: Govt to probe fraud complaints against 154 companies

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Govt to probe fraud complaints against 154 companies

The government is looking into complaints of financial fraud against 154 companies, including those connected with Saradha Group and Rose Valley Group, Parliament was informed. This was reported by the Economic Times.

The government is looking into complaints of financial fraud against 154 companies, including those connected with Saradha Group and Rose Valley Group, Parliament was informed. This was reported by the Economic Times.

Corporate affairs minister Sachin Pilot said in a written reply to the Rajya Sabha that his ministry has ordered a probe of the balance sheets and other documents in these cases. According to the list provided by the minister, complaints of financial fraud have been received against 10 Saradha Group entities including Saradha Realty, Saradha Agro Development, Saradha Exports and Saradha Garden Resorts & Hotel.

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Topics: C-Suite, #National

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