What Does the first Forensic Audit on IL&FS Reveal?

In this episode, Sucheta Dalal, Managing Editor of Moneylife, decodes the first interim audit report by Grant Thronton on Infrastructure Leasing and Financial Services (IL&FS). The audit revealed at least 10 types of possible fraud by IL&FS Financial Services involving over Rs 13000 crore. The massive IL&FS scam came to light in September 2018 when the IL&FS group companies began defaulting their debt obligations. As of date, the IL&FS is under probe by several state agencies including SFIO

Пікірлер: 37

  • @munmunhazarika5247
    @munmunhazarika52474 жыл бұрын

    Your journalism of mehta scam is a great contribution...... Your contribution to India is great

  • @hudafshaikh6856
    @hudafshaikh68565 жыл бұрын

    Very interesting - IL&FS is essentially a government company with parentage of LIC and SBI and other PSU banks holding around half the capital and appointing their employees as directors - shocking that the SBI and LIC appointed Directors participated in such activities. LIC and SBI have a very strong investment division - but surprising failed to detect these huge scams and instead enjoyed the huge dividends paid out ...

  • @devvrat3665
    @devvrat36655 жыл бұрын

    Great explanation and highlighting aspects of this scam. Action: please take action against this, we are with you. If we can help, please direct us whee we can go - enforcement directorate, Forums, Court or anywhere else .... We need action and earliest action.

  • @jatinshah19
    @jatinshah195 жыл бұрын

    Nicely covered Madam. Action against Deloitte is must..ICAI needs to step in to save the profession..Air India is another big scam which is untouched..

  • @amanguptauc
    @amanguptauc5 жыл бұрын

    Thanks for the explanation ma’m. That was really lucid and easy to understand for a lay person like me.

  • @exploringlife8530
    @exploringlife85305 жыл бұрын

    How many more such frauds are waiting to be disclosed??

  • @aibey100
    @aibey1005 жыл бұрын

    thanks mam for informative thoughts on IL&FS crisis.

  • @nsudarji143
    @nsudarji1435 жыл бұрын

    Well done 👍 and thank you for bringing this scam to people. Salute and take care..

  • @abhishekscm
    @abhishekscm3 жыл бұрын

    Thanks her for bringing out Harshad Mehta scam/Security scam

  • @sanjibanichoudhury7517
    @sanjibanichoudhury75175 жыл бұрын

    great post, thanks

  • @fabyheart9790
    @fabyheart97905 жыл бұрын

    Nicely explained.... Can you please share the report of Grant Thornton...

  • @VINAYSHARMA-xj7fd
    @VINAYSHARMA-xj7fd4 жыл бұрын

    Thanks mam. complex stuff nicely explained

  • @nishant3378
    @nishant33785 жыл бұрын

    Thanks for exposing this

  • @AshokJayanthi
    @AshokJayanthi4 жыл бұрын

    So much of scamming of public money. High time government comes out of companies who do business and focus on governance

  • @srinivasvaranasi1645
    @srinivasvaranasi16454 жыл бұрын

    Nicely explained.

  • @handysutaria2139
    @handysutaria21395 жыл бұрын

    Nice piece of info.... Financial scams are much devastating than criminal crimes. Essentially financial scams should be punished more rigorously then criminal crimes.

  • @alokbasu3984
    @alokbasu39844 жыл бұрын

    So nicely explained. When can we expect any action against the the crooks?

  • @casomenathmitra5715
    @casomenathmitra57155 жыл бұрын

    *Then what kind of audit were conducting by the auditor since last 10 years....being the part of CA fraternity i am raising my voice against the auditors...it's surely a case of professional misconduct...ICAI should take a strong action against the auditors..!!!*

  • @renjanpai4256

    @renjanpai4256

    4 жыл бұрын

    Sir, can't you approach ICAI with proof beong a C A you can do it with some authority.

  • @raunakkapoor
    @raunakkapoor5 жыл бұрын

    Very nice.

  • @muslimislam3065
    @muslimislam30655 жыл бұрын

    Good job

  • @kailashsankhlecha5970
    @kailashsankhlecha59702 жыл бұрын

    Thanks

  • @shiasofbarasageer1635
    @shiasofbarasageer16355 жыл бұрын

    Who gave contract of zojila tunnel to il&FS...plz raise the zojila issue we r living in open air presion..Due to il&FS financial crises zojila tunnel contract withdraw...request to the govt of India please as soon as possible the contract gave to onother company and start work on zojila tunnel..

  • @tintunbirha
    @tintunbirha4 жыл бұрын

    Committee of four? More like the gang of four.

  • @MayurPanghaal
    @MayurPanghaal4 жыл бұрын

    trace parthaasartthy aannd his lilnks to bjp cong

  • @MayurPanghaal
    @MayurPanghaal4 жыл бұрын

    This is just llike reliance

  • @anilagarwal7405
    @anilagarwal74053 жыл бұрын

    If. We scatch gift city project ,role of. Bjp inn IlFS case will be evident.

  • @bibekghatak5860
    @bibekghatak58605 жыл бұрын

    What will the common hapless people do .They are a helpless lot .

  • @Ab_someone

    @Ab_someone

    5 жыл бұрын

    Go to their politicians.. Sad sad world

  • @nandgopaltripathy8432
    @nandgopaltripathy84325 жыл бұрын

    f÷y

  • @bm8292
    @bm82925 жыл бұрын

    Vote NOTA in the 2019 elections.

  • @pradeept4
    @pradeept43 жыл бұрын

    I like you but don't come on this nonsense news click channels, bunch of khiyani billi run this channel.

Келесі