DHFL has diverted Rs 34,615Cr borrowed from banks. The CBI has alleged that DHFLâs promoters formed 87 shall companies, created more than 2,60,000 "Fictitious borrowers' and set up "Virtual Branch "to divert money borrowed from banks".
source https://www.caclubindia.com/articles/comments-on-publication-of-annual-transparency-reports-by-auditor-audit-firms-48576.asp
source https://www.caclubindia.com/articles/comments-on-publication-of-annual-transparency-reports-by-auditor-audit-firms-48576.asp
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