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Not received any letter from SFIO: L&T

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Press Trust of India New Delhi
Last Updated : Jul 25 2018 | 9:40 PM IST

Larsen and Toubro today said that it has not so far not received any letter or notice from the Serious Fraud Investigation Office (SFIO) or any authority.

The statement comes a day after the government informed Parliament that SFIO has received complaints against private sector lender ICICI Bank and engineering firm Larsen and Toubro.

The probe agency comes under the corporate affairs ministry.

"According to media reports...SFIO has received a complaint against the company alleging 'thousands of crores' of financial irregularities, including money laundering and tax evasion. The media report further stated that SFIOs Mumbai Regional Office has written to the Head Office in Delhi stating that 'it is a fit case to be investigated'.

"We wish to inform the exchange that the company has so far not received any letter or notice from SFIO or any Authority on this matter nor any letter or notice from NHAI black listing the company on account of any default of its road subsidiaries/ projects," the company said in a BSE filing.

Minister of State for Corporate Affairs P P Chaudhary said in a written reply to the Rajya Sabha yesterday said that

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First Published: Jul 25 2018 | 9:40 PM IST

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