gfiles magazine

December 19, 2013 the way | Poll woes, behind the scenes the way
Shah friends in high places
Everybody in North Block has been taken aback by this move of the Ministry of Finance. It has appointed two top-ranking retired bureaucrats to head the scamtainted companies of the infamous Jignesh Shah, the alleged mastermind of the NSEL scam worth Rs 5,600 crore. Satyanand Mishra, a 1973-batch IAS officer of the Madhya Pradesh cadre and a former Chief Information Commissioner, has been appointed Chairman of MCX by its board. A former Home and Commerce Secretary, GK Pillai, has been appointed Chairman of MCX-SX. Why this sudden move to appoint two senior officers to head a private entrepreneurship, which is already under investigation? Read More

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