Dear sir,
if someone is selected in board level position in PSU JV. Subsequent when vigilance pofile for last 10 years asked, which include working in 3 companies. There was some fraud occurred in one of the company where he worked earlier. Bank compensated full money of fraud in 2019 citing lapses on the their staff. Police closed FR in 2020 with lack of evidence. Forensic audit completed in 2022 with no further fraud. This report accepted by audit committee and board. But company filed protest petition agsint the FR in 2021, only there is extension of dates in this case last 4 years.
Becuase of it vigilance clerance is pending.
