NSEL says police freeze its bank accounts

MUMBAI (Reuters) - Commodities market operator National Spot Exchange Ltd's (NSEL) bank accounts have been frozen by Mumbai police's Economic Offences Wing, NSEL said in a statement on Tuesday.

NSEL, which is owned by Financial Technologies (India) Ltd, suspended trading in August in most of its forward contracts.

The Mumbai police were not immediately available to comment.

(Reporting by Himank Sharma. Editing by Jane Merriman)