Is it possible that, those 143 cr are basically vp nandakumar’s own black money which he tried to launder in the name of some unknown common people deposit with MAgro? As per this theory it makes sense why ED put charges of money laundering against him and froze whole 143 cr! But still if those 143 cr belongs to vp nandakumar himself why would he need to keep 9.25 lakhs with the account? Considering the strong board of manappuram the above theory is highly unlikely but can’t take any decision at this point and holding my investment!!!
Disc: Just as a commoner I have the above view
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