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Karnataka's Criminal Investigation Department (CID) has taken over the probe into food delivery giant Swiggy's Rs 33-crore graft complaint against a former employee. The ex-staffer allegedly embezzled Rs 32.67 crore from the company over a period of time, colluding with 12 other individuals and firms to defraud Swiggy. Swiggy, which is preparing for an initial public offering (IPO), had discovered the embezzlement and initiated legal action, setting up an external team to investigate the matter before filing a formal complaint. The case was first reported by Moneycontrol on September 6.
FedEx courier scam: Rs 4.67 crore stolen! But police have held 13 - Will the arrest end the fraud? https://t.co/d58amOXfO7
#Business | Karnataka CID takes over probe into Swiggy’s Rs 33-crore graft complaint against ex-employee 📃🕵️♂️ @Goenka_Tushar1 & @ChristinMP_ write more on this👇 https://t.co/CNdvDj0tcu #KarnatakaCID #Swiggy #ExEmployee #Compliant https://t.co/lJQO80VW99
On September 6, Moneycontrol had first reported that IPO-bound Swiggy had initiated legal action after it found that a former employee had embezzled Rs 32.67 crore from the company over a period of time. Swiggy had set up an external team to look into the matter and then filed a… https://t.co/yCs0pCOV4O https://t.co/iCduTzpImH