The ministry of corporate affairs (MCA) is understood to have asked the Serious Fraud Investigation Office (SFIO) to begin a probe into Jet Airways on suspicion that the promoters siphoned off money.
Sources said the move follows after the MCA started a preliminary enquiry into the company by inspecting its books and found evidence of siphoning off of money from the company.
The registrar of companies, Mumbai, in fact, recently submitted a report to the MCA which found some discrepancies in the books of Jet Airways, an official said.
“A report has been submitted which found some irregularities in their books. There will be further investigations, a decision on the report is expected latest by Friday,” the official said.
