ED flags ₹3,000 cr netting, ₹1,035 cr African mine gap at Rajesh Exports
Enforcement Directorate alleges Rajesh Exports failed to produce documents on foreign transactions, including a ₹1,035 crore African mine investment and ₹3,000 crore in set-offs. Probe also cites 40% stock discrepancy and ₹600 crore siphoned via NRI benamidars, deepening SEBI's revenue-inflation case.
ED alleges Rajesh Exports failed to produce documents on foreign transactions, including ₹1,035 crore African mine investment, flagged ₹3,000 crore netting, 40% stock discrepancy and ₹600 crore siphoned via NRI benamidars, following SEBI's revenue-inflation probe.