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May 2010

Include CAs in CBI teams on corporate scam probes

By Raman Jokhakar
Tarunkumar G. Singhal
Chartered Accountants
Reading Time 1 mins
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The CA institute is keen on having a role in the probes
undertaken by the Central Bureau of Investigation (CBI) or Serious Frauds
Investigation Office (SFIO) on any financial irregularities or corporate scams.
“We want an ICAI representative to be included in their (CBI or SFIO) team
whenever they go to any State. A chartered accountant would come in handy in
tracking the money flows in any such scams,” Mr. Chopra said. The decision to
approach the Government for this purpose was taken at a specially convened
meeting of the ICAI Central Council here.


(Source : The Hindu Business Line, dated 14-3-2010)

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