Crores Stolen Through Provident Fund In Mumbai Office, Inquiry Set Up
Six employees of a regional office in Mumbai's Kandivali were charged with defrauding the EPFO (Employees' Provident Fund Organization) for Rs 21 crore using the dormant provident fund accounts. The EPFO Mumbai office after auditing the incident has decided to survey and examine all the PF transactions at all field offices across India. All six people involved have been suspended. Meanwhile, a CBI inquiry is underway.