Shriram General wins fraud case, MP HC orders sit probe into nexus

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Shriram General wins fraud case, MP HC orders sit probe into nexus - Business Standard

Quick Summary:

Shriram General Insurance Company (SGIC) on Sunday said it has won a fraudulent motor claim case filed against it with the Madhya Pradesh High Court directing the state DGP to set up a Special Investigation Team (SIT) to probe a "nexus between doctors, lawyers and police officials in motor claims cases".

The case also exposed a nexus between a hospital, police officials, and lawyers to claim motor vehicle accident insurance money by submitting forged documents, fraudulent certificates and medicine bills, Shriram General Insurance Company said in a statement.

The High Court, taking cognisance of discrepancies in the claim documents, ruled that the claim was fraudulent, and ruled in favour of Shriram General Insurance, it said.