October 17, 2013 10:25 AM

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NSEL money laundering case: ED grills ex CEO

Enforcement Directorate, ED officials yesterday grilled Anjani Sinha, former Managing Director and Chief Executive Officer of National Spot Exchange Limited, NSEL, in connection with a money laundering case related to the exchange.Earlier, on Monday, the ED had registered a preliminary inquiry report under the Prevention of Money Laundering Act, suspecting large-scale money laundering in the crippled exchange. Sinha was supposed to appear before the Mumbai police's Economic Offences Wing (EOW) yesterday but his wife approached the police officials with an application in which Sinha stated he would show up before them today. Sinha, who had filed an affidavit before a city court a few days ago, had blamed the entire former senior management of NSEL, including himself, for the trouble and the scam. Two former executives of NSEL were arrested last week in connection with the scam.

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