NSEL scam | Unable to conduct inquiry against Chidambaram without approval, says CBI

The CBI on Thursday told the Bombay High Court that due to the Prevention of Corruption (PC) Act, the agency is unable to conduct enquiry/investigation in the National Stock Exchange Limited (NSEL) scam allegedly involving former Finance Minister P. Chidambaram without approval of the competent authority.
The affidavit was filed in a criminal petition filed by 63 Moons Technologies limited also known as Financial Technologies Indian Limited. The company was founded by industrialist Jignesh Shah…

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