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SpeakAsia probe may take more time

The Corporate Affairs Ministry has indicated that completion of the probe into alleged scam at SpeakAsia could take more time due to legal hurdles.

SFIO probe into SpeakAsia affairs hits legal hurdle

The Serious Fraud Investigation Office's probe into the alleged scam at multi-level online marketing entity SpeakAsia has hit a legal hurdle on whether the agency has powers to investigate a company registered outside India.

SFIO seeks MCA, Law Ministry advice on SpeakAsia matter

SFIO, a multi-disciplinary organisation under the Ministry of Corporate Affairs (MCA), has the mandate to probe serious financial frauds at the companies.