National spot exchange limited scam 5600 crore

The Biggest scam 5600 crore in NSEL. Last year FIR file against Mr.Jignesh shah Promoter and Former chief Managing director of Financial technology and Multi commodity exchange. Yesterday court remanded Mr.Jignesh shah and company chief executive Mr.Shree kant Javalgar.

Yesterday Economic offences wing(EOW) Mumbai police arrested shah and javalgar. EOW said jignesh shah is the Financial controller of Financial technologies limited, He will transfer huge amount transfer in National spot exchange limited to Financial technologies. Financial technologies may benifit for National spot exchange profits.
Last year FIR filed against Jignesh shah, he will under scanner of EOW and other agencies when National spot exchange limited payment crisis. National spot exchange limited face payment crisis totally 18000 customer lost millions in last year.

Financial technologies limited board meet deciding Mr.Venkat chary is charmen and Independent director of the company. Whole time two director fixed, Dawang Narella and another one is Mr. Manjay shah, brother of shah and he will take marketing and sales in Financial technologies. The Board member said company continuously work normaly

Last year National spot exchange banned further E-series contract, and the Forward Market commission given permission to rematerialized e-series contract. National spot exchange said exchange has completed  08 April start rematerialized e-series contract and will commence financial closure process from 08 May.

FTIL closed at 276 (-14 points), and MCX closed at 499 (-33 points)
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1 comments:

hanne said...

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