SFIO receives Plaints against ICICI Bank, L&T

New Delhi: The Serious Fraud Investigation Office (SFIO) has received complaints against private sector lender ICICI Bank and engineering firm L&T, Parliament was informed on Tuesday.

The probe agency comes under the corporate affairs ministry.

“SFIO receives various complaints against companies. Complaints have been received against Mehul Choksi, ICICI and L&T,” MoS (corporate affairs) P.P. Chaudhary said in a written reply to the Rajya Sabha.

However, the minister has not provided details of the complaints about ICICI and L&T.

Further, he said that the ministry, in February, ordered a SFIO probe into the affairs of 114 entities directly or indirectly associated with the multi-crore PNB scam.

“The matter is presently under investigation,” he said.

In a separate reply, he said the government has assigned investigation to SFIO into the affairs of 29 listed firms in more than five years.