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BJP will bring back money stashed abroad by Jignesh: Somaiya

Mumbai: BJP leader Kirit Somaiya said today that a BJP-led government expected to assume power at the Centre, would bring back money allegedly transferred to foreign countries, by Jignesh Shah, who has been arrested for

PTI [ Updated: May 07, 2014 23:59 IST ]
bjp will bring back money stashed abroad by jignesh somaiya
bjp will bring back money stashed abroad by jignesh somaiya

Mumbai: BJP leader Kirit Somaiya said today that a BJP-led government expected to assume power at the Centre, would bring back money allegedly transferred to foreign countries, by Jignesh Shah, who has been arrested for his alleged involvement in the NSEL scam.


 Somaiya welcomed the arrest of Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah by the Economic Offences Wing (EoW) of the Mumbai police, for his alleged role in the Rs 5,600-crore National Spot Exchange Limited (NSEL) scam.

Somaiya, who had filed a public interest litigation (PIL) in the Bombay High Court last year demanding that the NSEL along with its promoters and top officials be made to pay Rs 8,000 crore to farmers and small investors, said that all those involved in the alleged scam should be arrested and their properties seized.

“A special action group should be formed to dispose of properties and pay back small investors' money,” Somaiya said. 

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