NEW DELHI, Mar 22:
The Central Vigilance Commission has told the central public sector enterprises (CPSEs) that all cases of fraud of over Rs 25 lakh must be handed over for probe to CBI rather than the local police. “The commission has of late observed that the number of cases or instances involving criminal misconduct, including financial irregularities and frauds detected in the CPSEs, being referred to CBI for investigation are very few every year,” it said in a directive issued to the 240 CPSEs across the country.
The CVC said it has noticed instances of some CPSEs referring cases prima facie involving criminal offences, financial irregularities and high-value fraud to local police authorities instead of handing the same to CBI.
It said that all cases of fraud wherein involvement of officials of a CPSE is prima facie evident shall be referred to the Anti-Corruption Branch of CBI. In cases where involvement of officials is not evident, they shall be referred to Economic Offences Wing of the central agency, it added. (PTI)
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