Who’s going to stop fraud in Indian companies?3 min read 18 Jul 2018, 08:32 AM IST
Most instances of fraud are being detected at the prompt of whistle-blowers and new managements
The skeletons can’t seem to stop tumbling out of the closets of Indian companies. ICICI Bank will soon have as many committees investigating its past workings, as there are bad loans on its books. Meanwhile, Fortis Healthcare continues to be a can of worms without an end. And those are just the more visible ones. Multiple surveys on frauds in companies rank India at the top of the heap of infamy, with growing incidence of various acts of corporate corruption.
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