Third statement to EOW in NSEL case is final: Anjani Sinha

The former MD & CEO of NSEL Anjani Sinha was granted bail on May 9 after he spent around 7 months in custody in the NSEL payment crisis.

My third statement details the entire process how NSEL was conceptualized in 2005-06, how it started operations and what went wrong.

Anjani Sinha

former MD & CEO

NSEL

Anjani Sinha, former MD & CEO, NSEL, was finally granted bail on May 9 after he spent around 7 months in custody in the NSEL payment crisis. During his detention, Sinha retracted his first affidavit in the case.

Also Read: Finmin issues show-cause notice to NSEL on exemptions

In an interaction with CNBC-TV18's Aastha Maheshwari, Sinha said his third statement to the Mumbai Police's Economic offences Wing (EOW) is the final one.

"In an interaction with EOW officials a detailed statement was prepared, which is the third one. That is not an affidavit but a statement by me given to the officials, which details the entire process how NSEL was conceptualized in 2005-06, how it started operations and what went wrong (the entire channel of events)," he said.

Sinha further added that his statement entails comprehensive information about NSEL office and has helped EOW officials to further interrogate and conduct enquiry about other personnels as well.

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