DHFL’s woes mount as forensic audit unearths diversion of funds
- The disclosures could put the proposed debt restructuring of the non-bank lender in jeopardy
- Mint could not ascertain the quantum of diversion, but a news report said that it was to the tune of ₹20,000 crore
Mumbai: A forensic audit of Dewan Housing Finance Corp. Ltd (DHFL), conducted by accounting firm KPMG and submitted to lenders of the debt-ridden mortgage lender last week, has revealed several gaps in the financials, three people directly aware of the matter said.
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