Rakesh Jhunjhunwala On Harshad Mehta || How Much Rakesh Jhunjhunwala Earned In Scam 1992?
In this video you will gonna see a interview footage of Rakesh Jhunjhunwala which waa shoot after the 1992 scam
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( About Rakesh Jhunjhunwala )
Rakesh Jhunjhunwala is an Indian businessman and investor. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. He is the 39th richest person in India, with net worth of $2.9 billion
Source: Wikipedia
( About Harshad Mehta )
Harshad Shantilal Mehta was an Indian stockbroker, well known for his wealth and for having been charged with numerous financial crimes that took place in the 1992 securities scam.
Of the 27 criminal charges brought against him, he was only convicted of four, before his death at age 47 in 2001. It was alleged that Mehta engaged in a massive stock manipulation scheme financed by worthless bank receipts, which his firm brokered in "ready forward" transactions between banks. Mehta was convicted by the Bombay High Court and the Supreme Court of India for his part in a financial scandal valued at ₹5,000 Crores which took place on the Bombay Stock Exchange (BSE). The scandal exposed the loopholes in the Indian banking system, Bombay Stock Exchange (BSE) transaction system and SEBI further introduced new rules to cover those loopholes. He was on trial for 9 years, until he died at the end of 2001
Source: Wikipeida
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