November 20, 2013 9:49 AM

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NSEL scam: Mumbai police attaqch 166 properties of defaulters

The Mumbai police have attached all 166 properties of defaulters related to the National Spot Exchange Ltd -NSEL scam. About 166 properties including residences, offices, industrial units and lands of defaulters or borrowers have been attached. So far, the Economic Offences Wing has arrested five people in the case. NSEL has been facing problems in settling 5,600 crore rupees dues of 148 brokers after it suspended trade on July 31st on government directions

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