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SFIO nabs ILFS CEO Ramesh Bawa, amid ongoing probe

National   |   Glibs Quick   |   Apr 13, 2019, 13:52 PM

Cracking the whip, the government's Serious Fraud Investigation Office (SFIO) today arrested former IL&FS Managing Director & CEO Ramesh Bawa.

The arrest is said to be amid ongoing probe into the IL&FS and its group entities.

This arrest comes after SFIO nabbed former Chairman Hari Shankaran on April 1 itself.

 

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