Troubles continue to chase Jignesh Shah . In March, the Central Bureau of Investigation searched his office and residence, in connection with alleged irregularities in granting recognition to the Multi Commodity Exchange ( MCX ) as a national commodity exchange. Emboldened by his domestic successes, he launched trading exchanges in six countries, including a gold exchange in Dubai. But then came notoriety.In 2013, Shah was implicated in a payments scam at NSEL involving Rs 5,574 crore. It is anyone’s guess.Reprieve for Jignesh Shah.

Source: Economic Times April 14, 2018 15:22 UTC