Name Corporates Singed By Crb Mutual
The CRB affair is getting murkier with every passing day as details of its shady activities come to the fore at regular intervals.
An excellent example is the report prepared by Kalyaniwala & Mistry, an audit firm hired by Sebi to conduct inspection of CRB Mutual Fund.
The report reveals that of the total unit capital of Rs 229.29 crore in the Arihant Mangal Scheme, a significant amount of Rs 223 crore has been held by corporates, while Rs 6.25 crore was held by individuals, trusts and others. However, brokers are also saying that CRB was involved in what they call a