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SIFO asked to investigate Fortis Healthcare: Minister

IANS  |  New Delhi 

The central government on Friday said that it has asked the Serious Investigation Office (SFIO) to investigate the affairs of Healthcare.

According to P.P. Chaudhary, the of State for Law and Justice and Corporate Affairs, the ministry ordered investigation into the affairs of Healthcare on February 17, 2018.

"The ministry has ordered investigation into the affairs of Healthcare Ltd and has assigned the same to SFIO vide an order dated February 17, 2018," Chaudhary informed the Lok Sabha in a written reply to a question.

"During the investigation process, all the issues in their entirety will be examined by the SFIO. The investigation is currently in initial stage."

SFIO is a multi-disciplinary organisation under the Ministry of Corporate Affairs, consisting of experts in the field of accountancy, forensic auditing, law, information technology, investigation, company law, capital market and taxation for detecting and prosecuting or recommending for prosecution white-collar crimes or frauds.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 23 2018. 22:44 IST
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