NSEL scam: SFIO asks for delisting of 63 Moons Technologies from bourses

The SFIO also suggested that the I-T department probe 148 brokers

The Serious Fraud Investigation Office (SFIO) has suggested Financial Technologies India Ltd (FTIL), later renamed 63 Moons Technologies, be delisted from the bourses.

It has recommended this in a report to the Union minitry of corproate affairs on the scam in the erstwhile National Spot Exchange Ltd (NSEL), hit by a mssive payment default scam some years earlier. Also, that the company’s directors not be allowed to access the markets and raise funds. 

63 Moons said it could not comment, as it did had not seen the report.  

SFIO also recommended a probe by the income tax authorities into NSEL’s