Govt to restructure SFIO; increase manpower to 350 at probe agency
The government is set to more than double the manpower at the Serious Fraud Investigation Office (SFIO) to nearly 350 as it continues efforts to curb corporate wrongdoings. Corporate Affairs Secretary Injeti Srinivas said the process was on to further professionalise and streamline the SFIO. “Corporate frauds are very complex. The whole challenge is in getting quality people with domain expertise (for the SFIO).“The strength also has to be increased significantly. There is a proposal to increase it from 133 to close to 350,” Srinivas told PTI in an interview.The…
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