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GT forensic report indicts Ramesh Bawa in IL&FS scam (IANS Special)
GT forensic report indicts Ramesh Bawa in IL&FS scam (IANS Special)

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IANS

New Delhi, May 15 (IANS) While it is well known that IL&FS is in a pickle of its own making over a 30-year period where a secret society ran the affairs through a closed user group, the latest forensic report by Grant Thornton is extremely damning and damaging. The forensic report handed over to the new IL&FS board uncovers more muck. It throws into stark relief 107 instances of loan ever greening, loans given without adequate collateral, and exposes management's collusive links with borrowers.

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Update: 15-May-2019

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