"We have constituted a special investigation team to be headed by Assistant Commissioner of Police Rajesh Phogat for the purpose," Maheshwar Dayal, DCP (East), Gurgaon, told PTI.
He also clarified that the company in its original complaint had stated that the hit due to alleged fraudulent practice of its two former top executives was "Rs 870 crore" and the amount mentioned in the FIR was a typographical error.
As per the FIR filed yesterday, Reebok India alleged Prem and Bhagat had indulged in "criminal conspiracy" and "fraudulent" practices over a period of time that resulted in Adidas group taking a "total hit of approximately Rs 8,700 crore in the books".
Reebok India is a part of the Adidas group.
In the FIR, Reebok India further said it will also incur a restructuring cost of Rs 487 crore to remedy the consequences of the "criminal and fraudulent" acts of its formers top executives.
Asked about the progress of the case, Dayal said: "Now, we have asked the complainant to give us documents and other evidence to prove that a scam of this magnitude has happened in the company."
When contacted, Adidas Group said: "We are given to understand that our criminal complaint has been registered for investigation by the Indian law enforcement authorities...We shall continue to cooperate with the authorities in their investigation of the matter." MORE
