CosmicTaco

Karnataka CID Probes Swiggy's INR 33 Cr Embezzlement Case

CosmicTaco · 2024-10-04T07:31:36.095034+05:30

- Karnataka CID has taken over the investigation into Swiggy's INR 33 Cr embezzlement case. - The case involves a former junior employee and several vendors who allegedly colluded to embezzle funds. - The prime accused, Srikhara KM, served as financial manager and general manager at Scootsy. - The embezzlement occurred between August 2021 and February 2022. - This comes as Swiggy faces potential GST liabilities of over INR 326 Cr and child labour accusations. Source: [Inc42](https://inc42.com/buzz/karnataka-cid-takes-over-probe-into-swiggys-complaint-of-inr-33-cr-embezzlement/)

Karnataka CID has taken over the investigation into Swiggy's INR 33 Cr embezzlement case.
The case involves a former junior employee and several vendors who allegedly colluded to embezzle funds.
The prime accused, Srikhara KM, served as financial manager and general manager at Scootsy.
The embezzlement occurred between August 2021 and February 2022.
This comes as Swiggy faces potential GST liabilities of over INR 326 Cr and child labour accusations.

Source: Inc42