Early warning System of Frauds

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..... Early warning System of Frauds
News and Press Release
Dated:- 17-3-2017

Serious Fraud Investigation Office (SFIO) of the Ministry of Corporate Affairs is in the process of developing 'Ea .....

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..... rly Warning System' (EWS) to generate alerts as well as to strengthen its capability for taking stringent action against corporate misconduct. For this purpose, services of a consulting agency have be .....

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..... en engaged to develop the conceptual framework. The development of EWS is an iterative process. The system will show results after the framework under development stabilises. The Ministry of Corporat .....

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..... e Affairs has ordered investigation into the affairs of 432 companies through Serious Fraud Investigation Office (SFIO) during the last three years and current year (up to 31-01-2017) against which co .....

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..... mplaints/ allegations of frauds came to the notice of the Ministry. This was stated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Lok Sabha toda .....

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..... y.
News - Press release - PIB .....

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