Please excuse me if this is not the correct thread for posting frauds by Anil Ambani.
This has reference to SEBI order imposing 25 cr fine on Anil and banning him from Capital markets for 5 years. This is a very stiff penalty. We all know about the activities of Anil. Now it is proved that he is a crook and a fraudster. All Indian investors are aware of his character since public issue days of Rpower. But inspite of everything, it surprises me that he is still persisting with his activities of siphoning public money. How can this happen? Why he is not put behind bars? Is it not a mockery of Indian laws? It is high time that investor protection forums should Target him for harshest pf punishments. This is the only way to warn others from indulging such activities. And all investors should avoid the group companies.
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