Chandan kumar biography
Chandan Girlfriend, Wife, Family & Net ......
Chandan kumar biography
In Covid crisis, crores siphoned by ‘insiders’ in Mumbai PF office
The probe has also found that 90 per cent of the money transferred to these accounts has been taken out, sources told The Indian Express.
Sinha, who is absconding, is among five employees of the office who have been placed under suspension for their alleged involvement in the fraud.
Sources said that as soon as the internal audit is wrapped up, the EPFO will move to hand over the case to the CBI.
Read | Tracking migrant children: Palghar, Nandurbar also part of pilot, special panel to take tips from Telangana
While the probe has focused only on the Kandivali office, the case has sent alarm bells across EPFO, which is “one of the world’s largest social security organisations in terms of clientele and the volume of financial transactions undertaken” — directly and indirectly managing upto Rs 18 lakh crore in savings of individuals.
Essentially, an EPF membership is an indicator of formal employment.