Zee Media Bureau
Mumbai: The Bombay High Court will on Tuesday hear a bail plea of Jignesh Shah, a day after the Mumbai police reportedly filed a 9,000-page supplementary chargesheet against the MCX promoter in the Rs 5,600 crore NSEL scam.
In January, police's Economic Offences Wing (EOW) had filed its initial chargesheet in this case against Shah and others.
The fresh chargesheet - a copy of which has also been submitted to the Bombay High Court - is said to detail the exact role Shah played in the mega-scam which rocked the country's financial markets last year.
The EOW had lodged the voluminous chargesheet - which incorporates the statements of 250 witnesses and other relevant documents - in the Special Maharashtra Protection of Interest of Depositors Court.
Shah was arrested by the EOW on May 7 following which he sought bail from the sessions court.
After the sessions court dismissed his bail plea on June 24, he moved the Bombay High Court.
The EOW and other agencies swooped on Shah and others last year after the National Stock Exchange Ltd faced a major payment crisis in which around 18,000 of its investors reportedly suffered losses worth millions of rupees.
Shah contended that he was only a non-executive director of NSEL, which was part of his Financial Technologies Group, and hence, not involved in the routine operations of the NSEL.
(With IANS inputs)
