The Economic Offences Wing of the Mumbai Police has filed a First Information Report (FIR) against 10 former and present employees of the Multi Commodity Exchange (MCX). A preliminary inquiry by the investigating agency is on. Initially, a complaint was filed after Pricewater-houseCoopers conducted a forensic audit on the commodity exchange.
An EOW source confirmed that an FIR has been filed. The agency has also written to the commodity markets regulator, the Forward Markets Commission, informing them of the FIR.
Sources said the FIR was filed as many payments and donations have allegedly been made to bogus entities. Sources said Mukesh P Shah, who was a director of Financial Technologies and the auditor of MCX, is one of the people against whom an FIR has been filed. An FIR has also been filed against S V Ghatalia, also a former auditor of the crisis-ridden NSEL, sources said. However, this could not be confirmed.