COVER STORY

scam nsel

Living Dangerously

Despite the National Spot Exchange (NSEL) scam running into a whopping Rs 5,600 crore, and its details out in the open, the authorities seem reluctant to act. While arrests have been made in all major scams—from Hawala to 2G to Coalgate—Jignesh Shah, the alleged kingpin behind the multi-crore NSEL scam, continues to roam freely. After the gfiles story in June 2013, NSEL operations were halted. But investigations began only after the gfiles cover story in September 2013. Still, Jignesh Shah roams scot-free. Sources disclose that Shah has engaged some of the best lawyers in the country to pre-empt any government move to arrest him. Is the law for scamsters or for exposing the truth? Neeraj Mahajan analyses the scam and brings the latest updates on the developments taking place in the law enforcement agencies and the Ministry of Consumer Affairs……

To Read More:-http://www.gfilesindia.com/frmArticleDetails.aspx?id=800&Name=Living%20Dangerously

Advertisements

About gfilesmagazine

gfiles is the country's first independent magazine written, designed and produced for India's civil services—the vast and formidable network of bureaucracies and public sector organisations that provides continuity and stability to this nation's governance.
This entry was posted in Full Magazine2. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s