ED asked HDFC Bank to freeze current account with 63 Moon Technologies
It said in a statement, Informed by HDFC Bank to us, the Directorate of Enforcement, Mumbai, has requested HDFC Bank to provide the bank account statement of a current account of the company.
Jignesh Shah - promoted 63 Moon technologies today announced, that HDFC Bank its current account holder has been directed by Enforcement Directorate (ED) to provide the bank statement of the company.
The information was provided to 63 Moon Technologies ( formerly known as Financial Technologies) by HDFC Bank.
It said in a statement, "Informed by HDFC Bank to us, the Directorate of Enforcement, Mumbai, has requested HDFC Bank to provide the bank account statement of a current account of the company.”
63 Moon Technologies further added, "The bank also has been asked to provisionally freeze the current account.”
The freezing of the account is followed as an investigation move on FTIL’s promoter Jignesh Shah, who was arrested twice for his involvement in NSEL and MCX – SX scam.
Jignesh Shah was arrested in July over a Rs 5600 crore NSEL scam for defrauding its investors. Nearly 18,000 investors had allegedly lost millions by late July 2013 due to the financial irregularities. He was granted bail on August 06, 2016.
Right after 2-months of NSEL scam, Shah was accused for another case i.e MCX – SX on September 20, 2016.
For MCX-SX, the FTIL founder was taken into custody for alleged irregularities in the grant of license to stock exchange.
Shah is promoter of both NSEL and MCX-SX.
Shares of 63 Moon Technologies closed at Rs 85.10, up by 0.59% on BSE.
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