Reputation lost due to this is the highest for me: Jignesh Shah

Jignesh Shah spoke about NSEL and Fin Tech at the latter's AGM today

Jignesh Shah
BS Reporter Mumbai
Last Updated : Sep 25 2013 | 7:23 PM IST
Talking about NSEL's trouble and the current controversy of Financial Technologies Audit report brewing Jignesh Shah today said the following at the Financial Technologies AGM:

-- Cannot say NSEL management has made a mistake
 
-- Fully understand government stand on NSEL issue
 
-- Trying all methods to recover money from 23 borrowers
 

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-- FCCB, ECB loans have been repaid
 
-- Making all efforts to come out of current situation
 
-- Few items mentioned in earlier agenda shifted to next AGM
 
-- Constantly in touch with NSEL Investor Forum
 
-- Financial Technologies in no way involved in NSEL issue
 
-- Trying all methods to recover money from 23 borrowers
 
-- Have stood by small investors
 
-- Trying to resolve NSEL issue in next 6 months
 
-- Ownership-management issue has been seperated from MCX-SX
 
-- Resolving audit related issues is in everyones interest
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First Published: Sep 25 2013 | 4:29 PM IST

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