SpiceJet (SG, Delhi International) faces a criminal investigation for failing to deposit over INR650 million rupees (USD7.7 million) in employee provident fund contributions, according to an Economic Times report. The newspaper says the Delhi Police’s Economic Offences Wing lodged a first information report (FIR) on September 16 following a complaint by the Employees’ Provident Fund Organisation (EPFO). On October 4, the low-cost carrier confirmed it had brought its provident fund payments up to date. This followed a successful INR300 billion (USD357.1 million) capital…
Source: ch aviation
Read more: Police probe payments lapse at India's SpiceJet