NSEL Scam: Investors’ Refund In Limbo?
  • Prabha Hedge
  • Apr 10 2014

April 10: Bloomberg TV India has learnt that despite the Enforcement Directorate attaching assets worth over Rs.400 crore of NSEL defaulters, investors may not be getting their money back due to lacunae in the Prevention of Money Laundering Act (PMLA). Prerna Baruah shares a detailed report on the limitations in the PMLA.