Latest News on Nsel Scam
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Nsel Scam - Total results - 25
Sep 03, 2019
NSEL an 'employee fraud', could have been resolved within six weeks: Jignesh ShahMore than six years after his erstwhile spot exchange NSEL got engulfed in an alleged Rs 5,600-crore scam, embattled businessman Jignesh Shah has said it was "an employee fraud" done in connivance with some defaulter brokers and it could have been resolved in flat six weeks but for a political conspiracy hatched at that time to help his business rivals
Apr 03, 2019
Arun Jaitley terms Gandhi family’s dealings with accused in 2G, NSEL scams as 'Congress' capital creation scheme’Responding to media reports revealing the deals between Congress leaders and two accused in the 2G and NSEL scams, Finance Minister Arun Jaitley said it was the Rahul Gandhi-led party’s ‘capital creation scheme’
Feb 18, 2019
NSEL scam: 63 Moons Technologies serves legal notices to P Chidambaram, two civil servants; to seek Rs 10,000 cr damages63 Moons Technologies on Monday said it has served legal notices to Congress leader P Chidambaram and two civil servants informing them of the company's intention to move court to seek damages worth Rs 10,000 crore in connection with the NSEL scam
May 07, 2017
CBI probe reveals 339 shell companies used to divert Rs 2,900 crore, cheat banksA complex web of 339 shell companies used for allegedly diverting funds unscrupulously to the tune of Rs 2,900 crore has been unearthed by the Central Bureau of Investigation (CBI) during its probe into such cases over the last three years.
Jan 21, 2017
Jignesh Shah and the NSEL scam: New book looks at decimation of FTIL head's empireA new book called 'The Target' by Shantanu Guha Ray looks at the decimation of NSEL scam accused Jignesh Shah's global empire; how he broke the market monopoly and the price he paid.
Nov 01, 2016
Curious case of repeated arrest and release of Jignesh Shah (or how Rs 5,600 cr lost without trace?)It is clear that there is a pattern in the way all the investigative agencies went about handling the Rs 5,600 crore NSEL scam case
Jul 20, 2016
NSEL scam: FTIL to seek legal remedies after EOW attaches Rs 2000 cr assetsWe will take all legal remedies to protect the interests of our shareholders and employees, the company said
Jul 13, 2016
Jignesh Shah arrested: Charting the Rs 5,600 crore NSEL scamDespite the various probes launched into the scam, it is getting murkier. It will be a long wait for the truth to come out
Feb 08, 2015
NSEL Scam: Trading activity was just done on 'paper,' says EDTrading activity at the scam-hit NSEL was just being done on "paper" by accused firms as they allegedly laundered genuine investor funds to not only purchase costly properties but also for advertising expenses and settling personal loans, according to the ED.
Aug 25, 2014
No adverse comments by CAG on MCX-SX, finds accounts clean in supplementary auditPrivate bourse MCX-SX today claimed that public accounts watchdog Comptroller and Auditor General of India has not made any adverse comments or observations on the auditors report in the supplementary audit, which negates any wrongdoings in the accounts for FY'14.