SP Group launches internal inquiry on arrest of executive in bribery case

Shapoorji Pallonji group on Saturday mentioned it has launched an inner inquiry into the alleged conduct of one among its executives arrested by the CBI in a bribery case to settle an enchantment in favour of the engineering and construction major. The CBI has arrested Commissioner of Revenue Tax (Exemption), Hyderabad, Jeevan Lal Lavidiya, for allegedly accepting a bribe of Rs 70 lakh to settle an enchantment in favour of Shapoorji Pallonji Group, officers mentioned on Saturday. Lavidiya, a 2004-batch Indian Income Service officer, was arrested together with Viral Kantilal Mehta, Deputy Common Supervisor (Taxation) of Shapoorji Pallonji Group; Sairam Palisetty; Natta Veera Naga Sri Ram Gopal; and Sajida Majhar Hussain Shah, they mentioned.

Reacting to the event, SP Group in a press release mentioned, “Given the seriousness of those allegations, the group has already launched an inner enquiry into the alleged conduct and can take the required steps based mostly on the end result of the investigation.”

Stating that it “has been made conscious of a critical allegation of misconduct in opposition to an worker of one among our group firm subsidiaries”, the group mentioned, “the alleged conduct was not with the data of the Group, nor was it sanctioned by the Group”.

Actually, it additional mentioned, “This goes in opposition to the very values and insurance policies that the Group upholds in its enterprise operations. The group stays dedicated to completely cooperate with the related authorities of their investigations.”

The group is resolute in its dedication to uphold its 160-year-old legacy of conducting enterprise with transparency, integrity and in full compliance with all relevant legal guidelines, it added.