Business Standard

ED attaches FTIL's mutual fund investment worth Rs 135-cr

With this, total attachment of immovable and movable assets in NSEL case has risen to Rs 2,191 crore

Big lenders submit loan documents related to Kingfisher Airlines to ED
Premium

Dilip Kumar Jha Mumbai
In a fresh action in the Rs 5,600 crore payment crisis on the National Spot Exchange Ltd (NSEL), the enforcement directorate (ED) has attached investment worth Rs 135 crore in mutual funds etc. of NSEL promoter 63 moons technologies ltd (formerly known as Financial Technologies (India) Ltd).
With this, total attachment of immovable and movable assets in NSEL case has risen to Rs 2,191 crore.
Confirming the development, an ED official said that the investigating agency has attached mutual fund and other investments assets worth Rs 135 crore belonging to FTIL in NSEL case.
Since the payment crisis erupted on NSEL in July

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in