The Enforcement Directorate (ED) will soon be issuing fresh summons to Rashesh Shah, Chairman and CEO of Edelweiss Group, in connection with a Rs 2,000 crore forex scam, sources told Moneycontrol.
Shah had been issued a summon earlier on January 3 to appear for questioning on January 9. However, he did not turn up for the questioning.
The case pertains to violation of foreign exchange norms involving a firm Capstone Forex, a Mira-Bhayander based firm.
In a press release dated January 10, Edelweiss Financial Services Limited has said that none of its companies has any transactions with Capstone Forex and dismissed media reports on the same.
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