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SFIO seeks information, documents from Fortis Healthcare

Fortis Healthcare has also come under the lens of markets regulator Sebi, which launched an investigation into the alleged regulatory lapses

Press Trust of India  |  New Delhi 

Fortis Hospital
Fortis Hospital

Healthcare on Saturday said it has received a notice from Serious Fraud Investigation Office asking for certain information and documents to be submitted by March 9.

The corporate affairs ministry has been looking into the affairs of Healthcare after reports about the financial irregularities emerged regarding the healthcare firm.

The company has received a notice from Serious Fraud Investigation Office, Ministry of Corporate Affairs seeking certain information and documents as mentioned therein to be submitted by March 9, 2018, Healthcare said in a BSE filing.

"The company is in the process of collating the said information and will be sharing the same in due course. The financial implication/ compensation/ penalty and quantum of claims has not been referred in the aforesaid letter and hence cannot be ascertained, " it added.

The development comes against the backdrop of reports that the Healthcare's promoters -- and -- allegedly took at least USD 78 million out of the company without any board approval about a year ago.

The SFIO, under the ministry, mainly probes white collar crimes.

Healthcare has also come under the lens of markets regulator Sebi, which has launched an investigation into the alleged regulatory lapses.

First Published: Sat, March 03 2018. 22:17 IST
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