3 years ago

DHFL diverted loans worth Rs 19700 crore to 40 related entities, says KPMG draft forensic audit

CNBC-TV18
CNBC-TV18
The forensic audit of debt-ridden DHFL is raising some troubling questions. The audit is yet to be signed off by KPMG and the draft report is showing that Rs 19,700 crore worth of loans were diverted by the company to 40 related entities. Banking sources say Kapil Wadhwan may not hold any stake in the company after the restructuring if the findings of the draft audit report is accepted by the lenders, reports Ritu Singh.

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