Independent journal on economy and transport policy
15:06 GMT+1
Indian seafarers rocked by financial scam
(Gulf News)
May 13, 2002
Sea Views:
Dubai |By Frank Kennedy
News of a major financial fraud affecting the Seafarers' Provident Fund (SPF) has rocked the Indian maritime community. According to Fairplay, India's Director-General of Shipping, D.T. Joseph, who is also chairman of the SPF, said that about Rs1 billion ($20 million) has been lost in the fraud, mainly revolving around non-existent ...... Read more on Gulf News
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