SEBI loves Sahara!
North
Block is silent and surprised. The issue is Sahara Group’s Rs 10,000
crore second instalment to be paid to SEBI under a Supreme Court order.
As per the extended deadline provided by the apex court, Sahara
companies were to pay up this installment on January 10. It is reported
that till we went to press, Sahara had not paid up. Further, SEBI has
not appointed an agency for authentication of Sahara’s three crore
investors. Why SEBI Chairman UK Sinha (a 1976 batch IAS officer of Bihar
cadre), is silent on the Sahara issue has baffled everybody...Read More
SEBI's recent allegation is that there are thousand investors who have not responded. SEBI should be wise enough to understand that all small investors who have already received payment shall definitely not correspond with SEBI or anybody for that matter.
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