Anjani Sinha, former NSEL CEO arrested

The former CEO of NSEL, Anjani Sinha, was arrested in association with the scandals rocking the financial company regarding non-payment of outstanding trades to investors. NSEL, owned by Financial Technologies (India) Ltd (FITE.NS), has been under investigation by the EOW since last month after India's commodities regulator ordered it to suspend trading over suspected violations of rules on contract duration.

Read the Reuters news report here.