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Sebi Suspects Money Laundering by Brokers in NSEL Scam

Sebi had on April 4 given brokerages 60 days’ time to have their books vetted. The Securities and Exchange Board of India (Sebi) has come across fresh evidence indicating that as many as five brokers might have used the ‘exchange mechanism’ to launder money in the Rs 5,574-crore National Spot Exchange (NSEL) scam, according to […]

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