FCID probes Rs 80 mn fraud in EPF bond purchases

FCID probes Rs 80 mn fraud in EPF bond purchases

January 22, 2019   07:05 pm

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The Financial Crimes investigations Division (FCID) has informed the courts that they are currently investigating into an alleged financial fraud when purchasing Central Bank bonds in 2016.

The investigations are being led regarding an alleged Rs 80 million financial fraud when purchasing Central Bank bonds using funds from Employees’ Provident Fund in 2016.

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