NSELscamTheOnlyTruth

What's the ROOT cause of the Loot of Rs 5,600 crore of investors?- Missing commodities in NSEL warehouses.

[NAARA @naara_nselrg]

@SEBI_India @FinMinIndia @arunjaitley @RakeshBhartia Here goes the limited liability - in fraud, mismanagement etc. https://t.co/dNfhuWbJdX

[NAARA @naara_nselrg]

@CPMumbaiPolice @WadhankarArvind Is NSEL & FTIL submitting Monthly Accounts to EOW? How does EOW know that massive siphoning isn't happening

[NAARA @naara_nselrg]

@nselinvestor @CPMumbaiPolice @MumbaiPolice Problem has been no agency cared about either the Servers or Forensic Audit of FTIL Group.

[NAARA @naara_nselrg]

@dholakiyaleena @NSEL_official @arunjaitley @livemint 2/2 Order, upholding of MPID by Hon.BHC, FIU Penalty reflect, where the fraud happened

[NAARA @naara_nselrg]

@dholakiyaleena @NSEL_official @arunjaitley @livemint 1/2 Exchange Bye-laws, it's violations by Board, no relief from Hon.SC in Fit & Proper

[NAARA @naara_nselrg]

@nselinvestor @CPMumbaiPolice @MumbaiPolice 2/2 while the "sutradaar" aka mastermind has been one JShah. Not one entity clean; quite unique!

[NAARA @naara_nselrg]

@nselinvestor @CPMumbaiPolice @MumbaiPolice 1/2 Investor has had to run to each agency & Court for action on NSEL, IBMA, MCX & FTIL Group,..

[NAARA @naara_nselrg]

@jaysh88 @nselinvestor 1/2 And let's not forget Banks don't provide counter-party guarantee & DICGC insures only Rs.1Lakh of your deposits.

[NAARA @naara_nselrg]

@jaysh88 @nselinvestor 2/2 your Bank decides not to show your savings / deposits because it has to recover that from Kingfisher / Varun etc!

[NAARA @naara_nselrg]

@jaysh88 @nselinvestor 1/2 Yes. NSEL anyways won't state truth. Past President of ICAI et all have not got the context. It is like saying...

[NAARA @naara_nselrg]

@nselinvestor @jaysh88 2/2 settled by members through NSEL. If it is found that IBMA didn't receive it from NSEL, would NSEL not be liable?

[NAARA @naara_nselrg]

@nselinvestor @jaysh88 1/2 Forensic audit of IBMA & NSEL by agencies not through. IBMA has crores of Sales Tax claims against it. VAT was...

[NAARA @naara_nselrg]

@nselinvestor @jaysh88 Auditors, as during the period when scam was "nurtured" by them, post scam have thrown "qualifications" to the bin.

[NAARA @naara_nselrg]

@jaysh88 @nselinvestor Despite Hon.BHC Order terming it as"Deposits",which accounting practice states that it isn't a liability(contingent)?

[NAARA @naara_nselrg]

@jaysh88 @nselinvestor An important aspect that got missed & Auditors of NSEL should have revisited, is Hon. BHC stating it as "Deposits".

[NAARA @naara_nselrg]

@mobis_philipose Has NSEL given credible reasons for their opposing the Merger? If it's owned 100% by FTIL, do they have independent view?

[NAARA @naara_nselrg]

@bhoomi_patel031 @NSEL_official @Dev_Fadnavis @businessline Has NSEL, through Hon. HCC reconciled any Defaulter account? Let us know.

[NAARA @naara_nselrg]

@bhoomi_patel031 @KiritSomaiya Why has NSEL been objecting to Forensic Audit of itself & IBMA? IBMA has 20% outstanding against its name.

[NAARA @naara_nselrg]

@businessline This story is different Editor. FTIL is the Peter, NSEL is the Paul and Defaulters are the Robert(s). JShah changed the story!

[NAARA @naara_nselrg]

@businessline 3/3 catching thieves because they couldn't catch many others, previously? A Licenced Exchange, a FMI was made to fail by FRAUD