Heera Group is one of the most established companies in the conglomerate industry of India, and it has the business spread throughout the world. The business infrastructure of the company is of its kind. However, the company’s reputation has been affected due to some legal cases where it was alleged to scam its investors. After years of investigation and legal fights, the company received a clean sheet from the Supreme Court while further research was done. The new investigation report has some problems in it.
The Report
The investigation report was to be submitted by the Serious Fraud Investigation Office with the help of the FSL office and the IT team of the Heera Group. The investigation report was submitted on 12th April on their official website. The report states that the company has to pay an amount of thirty crores back to their investors. The company is dealing with the applications of its investors and is paying back the money. Accordingly, the officers have made two separate lists for urgent payments to pay the money to the needy. About fifty per cent of the total investors have been paid the twenty per cent return.
Error in the report
The official website of the SFIO shows more than six thousand complaints by the investors of the company stating that they have not been returned the said money. The matter caused the CEO, Ms Nowhera Shaik, to investigate the matter. She got to know that none of the investors had complained, and it was most probably some rival organization manipulating the complainant box of the SFIO. The SFIO officers are investigating the case and are expected to provide a new report soon. The Heera Group has arranged a help desk in their corporate office, helping the people regarding the matter. Meanwhile, the company has not stopped their business operations as they are launching new products. They are honest, and they believe that they will get the result they deserve.
Investigation Report Manipulated
