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National Spot Exchange (NSEL)

Financial Technologies and Multi-Commodities Exchange (MCX) promoter Jignesh Shah arrested in the Rs 5,600 crore National Spot Exchange (NSEL) scam produced before a court in Mumbai.

Amit Haralkar/OUTLOOK

Financial Technologies and Multi-Commodities Exchange (MCX) promoter Jignesh Shah was today arrested in the Rs 5,600 crore National Spot Exchange (NSEL) scam, seven months after an FIR was lodged.

File-PTI Photo

Rajvardhan Sinha, Additional Commissioner of Police (Economic Offence Wing, EOW) addresses a press conference after the arrest of NSEL promoter Jignesh Shah, in Mumbai.

PTI Photo/Mitesh Bhuvad

Former NSEL CEO and MD, Anjani Sinha being arrested by the Economic Offences Wing (EOW) in Mumbai. The arrest comes a month after Sinha had said in a signed affidavit that he was responsible for the misrepresentation, miscommunication, and all the happenings at NSEL, and that he had kept the management in the dark about the same.

PTI Photo by Mitesh Bhuvad