Business Daily from THE HINDU group of publications
Sunday, Jul 01, 2007
ePaper
Business Daily from THE HINDU group of publications Sunday, Jul 01, 2007 ePaper |
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Social Security Industry & Economy - Economic Offences Govt releases SPFO lost amount
New Delhi, June 30 The Government has released the entire amount of Rs 92.78 crore lost from Seamen’s Provident Fund Organisation (SPFO), Mumbai, keeping in mind the interests of the organisation’s employees. In May 2002, the amount was lost on account of fraudulent investment. The matter was entrusted to the Central Bureau of Investigation (CBI) and the then Commissioner of SPFO Mr A.K. Gond, was immediately arrested. After completion of enquiry, a charge sheet has been filed a gainst 15 persons in the Special CBI Court in Mumbai. — Our Bureau
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