Serious Fraud Investigation Office

Serious Fraud Investigation Office
गंभीर धोखाधड़ी जांच कार्यालय
Common name Serious Fraud Investigation Office
Abbreviation SFIO

Seal of the SFIO
Agency overview
Formed 2003
Legal personality Governmental: Government agency
Jurisdictional structure
Federal agency India
Governing body Government of India
General nature
Operational structure
Headquarters New Delhi, India
Agency executive Nilimesh Baruah IRS, Director
Parent agency Ministry of Corporate Affairs
Regions
Facilities
Branchs 7
Website
sfio.nic.in

The Serious Fraud Investigation Office (SFIO) is a fraud investigating agency in India. It is under the jurisdiction of the Government of India. The SFIO is involved in major fraud probes and is the co-ordinating agency with the Income Tax and CBI.[1]The Serious Fraud Investigation Office is a multi-disciplinary organization having experts from financial sector, capital market, accountancy, forensic audit, taxation, law, information technology, company law, customs and investigation. These experts have been taken from various organizations like banks, Securities & Exchange Board of India, Comptroller and Auditor General and concerned organizations and departments of the Government.[2] The Government approved setting up of this organization on 9 January 2003 on the basis of the recommendations made by the Naresh Chandra Committee which was set up by the government on 21 August 2002 on corporate governance.[3] Agency headquarters is in the Indian capital, New Delhi, with field offices located in major cities throughout India . The SFIO draws most of its officers from the IAS, IPS and IRS. The current SFIO director is Nilimesh Baruah IRS.[4]


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