Mumbai: SFIO is expected to take at least six months to complete its investigation into alleged fund diversions by the now defunct Kingfisher Airlines to other Vijay Mallya group companies.
As part of its investigation into the grounded carrier, the Serious Fraud Investigation Office (SFIO) has sought information from United Spirits Ltd (USL), which is now controlled by British liquor major Diageo.
Sources said that SFIO has started probing the matter of alleged fund diversions by Kingfisher Airlines to other group companies and is in the process of gathering information.
20/09/15 Daily News & Analysis
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As part of its investigation into the grounded carrier, the Serious Fraud Investigation Office (SFIO) has sought information from United Spirits Ltd (USL), which is now controlled by British liquor major Diageo.
Sources said that SFIO has started probing the matter of alleged fund diversions by Kingfisher Airlines to other group companies and is in the process of gathering information.
20/09/15 Daily News & Analysis
