Edelweiss Group chairman Rashesh Shah appears before ED in FEMA violation case
Updated : January 15, 2020 08:25 PM IST
Shah was summoned for the second time by ED after failing to appear last week.
Shah, in a statement on Sunday, had denied any wrongdoing in the case and added that Edelweiss has no relationship with Capstone Forex, which is being investigated by the ED.
The chairman had also said he was unable to go in person to ED and had authorised senior representatives to be present with the requisite information.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more