The auditor of Indian IT company 8K Miles Software Services (since renamed SecureKloud Technologies) raised the alarm in relation to its FY18 results issuing a qualified audit opinion. The auditor flagged concerns regarding doubtful revenue and capitalised costs. A subsequent investigation by the Indian regulator SEBI confirmed fraud at the company.

The information on this page has been compiled from publicly available sources. GMT Research Limited has not verified the information and does not warrant its accuracy. Any claims made or views expressed are not necessarily those of GMT Research Limited.