Jet Airways (India) Ltd. has informed the stock exchanges that a forensic audit of its books of accounts was currently underway.
“As per the directions of State Bank of India, a forensic audit of specific transactions of the company from the period of April 1, 2014 to March 31, 2018 is in progress. The company is fully cooperating with the auditors and providing them all information as being sought in this connection,” Jet Airways said in a filing with the exchanges.
The news comes in the wake of Nikos Kardassis, former CEO of the airline, parting ways with it.
The firm’s shares closed 3.79% lower at ₹250.10 on the BSE.
