Lok Sabha
Unstarred Question No. 2096
To be Answered on Friday
4th August, 2000
Ms shoes scandal - CBI Inquiry
Question
2096. Shri Kirit Somaiya :
Will the Minister of Finance be pleased
to state :
-
Whether the inquiry conducted by
the CBI on MS Shoes has been completed;
-
If so, the outcome thereof;
-
If not, the legal status of the
case; and
-
The steps taken to expedite the
matter in the interests of investors ?
Answer
Minister of State in the
Ministry of Finance (Shri balasaheb
Vikhe Patil)
- The Inquiry conducted by the Central
Bureau of Investigation (CBI) Anti Corruption Branch,
Mumbai, has been completed.
- As the acts of the accused were
found to be punishable under the Companies Act,
1956, a complaint was filed in the Court on 10-9-98
The case is presently under trial.