The Maharashtra government has formed a task force to review and coordinate the ongoing probe into the Rs 5,600-crore National Spot Exchange Ltd (NSEL) scam in which 13,000 investors lost their money.
The task force will be headed by Sales Tax Commissioner Rajiv Jalota, while state Excise Commissioner V Radha and Joint Police Commissioner Pravin Salunkhe will be members of this team, a government resolution issued in this regard said.
The task force will meet every fortnight in the first three months and later every month. It has been entrusted the task of preparing an action plan on protecting investors’ interests and how their money can be returned to them.