National Peroxide: Thief gets 36 Cr, Investors 12 Cr

National Peroxide reported a profit of around 48 Crores last year.

Now it turns out,one of their employees embezzled 36 Crores !

Source: Nov 08, 2017 Exchange Filings of National Peroxide

Considering that National Peroxide is such a small company, one wonders about the quality of internal audits at other Wadia Companies like Bombay Dyeing,Brittania, Go Air etc !

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