Jet Airways says forensic audit of specific transactions progressing after SBI directions
Sources had said the audit was ordered following a complaint of alleged financial irregularities in Jet Airways accounts by a whistleblower.

SBI, the lead banker to the airlines’ over Rs 8,000 crore loans, has mandated EY to conduct the forensic audit of its books, sources said last week. The airline has been in the red for three consecutive quarters. Sources had said the audit was ordered following a complaint of alleged financial irregularities in Jet Airways accounts by a whistleblower. In August, the government had ordered an inspection of books and papers of the airline. Last month, chief executive officer Vinay Dube said the airline was in active discussions with various investors to secure sustainable financing.
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