Friday, July 13, 2012

DRI Alerted SEBI about ADAG Cos Share Manipulation in 2008

The Directorate of Revenue Intelligence (DRI) had warned the Securities & Exchange Board of
India (SEBI) in June 2008 that funds transferred through a Mauritius - based entity were being used to manipulate stock of two companies of the Anil Ambani - led Reliance Group.

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