Shah spent more than a hundred days behind bars as a prime accused
The Bombay High Court on Friday granted bail to Jignesh Shah, the Financial Technologies chairman and one of the prime accused in the National Spot Exchange Ltd (NSEL) scam.
Shah has reportedly already spent more than a hundred days behind bars as an accused.
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The Economic Offences Wing (EOW) of Mumbai Police that has been investigating the Rs 5,574 crore scam had made Shah as one of the accused in the mult-crore scam after several rounds of questioning over a period of time.
Shah as well as other accused have been booked under Maharashtra Protection of Interests of Depositors (MPID) Act and a case was filed with the MPID Court.
More details are awaited.
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