DHFL used bizman Sudhakar Shetty as conduit to siphon off Rs 3,000 crore

The brothers, who are being probed separately by the Serious Fraud Investigation Office and the Enforcement Directorate (ED), had used several conduits to float a maze of shell companies though which the money was channelled out.

from Banking/Finance-Industry-Economic Times https://ift.tt/2SJ16S0