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
BS Reporter Mumbai 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
-- 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