Serious Fraud Investigation Office

Kingfisher Airlines, Grant Thornton India Under SFIO Probe Over 'Inflated Valuation'

Serious Fraud Investigation Office (SFIO) has been probing on Vijay Mallya's Kingfisher Airlines and Grant Thornton India regarding the 'inflated valuation' that reached over Rs 4,000 crore. The valuation came out just as the airline company is dealing with a cash crunch with previous loans considered to be non-performing assets.

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