The economic offences wing (EOW) of the Mumbai police has made the first arrest in the NSEL fiasco. The vice president of the debt-ridden spot exchange’s business development, Amit Mukherjee has been arrested and taken into custody reports, CNBC-TV18’s Aastha Maheswari.
Also Read: Jignesh Shah, Joseph Massey appear before EOW
NSEL promoter Jignesh Shah was putting full responsibility of the fiasco on Anjani Sinha, former NSEL CEO and MD, who in his affidavit had said that Amit Mukherjee was solely responsible for getting all the defaulters in the company.
Also, EOW in its investigations on Wednesday has sort of alleged and said that investigations also reveal that kickbacks were paid by companies like Mohan India and some of the other defaulters to Amit Mukherjee.
They will be approaching the court on Thursday and will also be seeking for police custody.
While CNBC-TV18 spoke to EOW, sources said Jignesh Shah had put a huge part of the blame on the brokers for creating a separate business model for investors and borrowers. According to sources, even brokers are likely to face the heat from the EOW and are expected to be questioned and summoned soon after the defaulters.
While one arrest has been done, Anjani Sinha the former managing director and CEO of NSEL failed to appear before EOW despite summons. Sources say Ajani Sinha could also face a similar fate.
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