Police to scan information recovered from FT’s backup server in NSEL case

Police to scan information recovered from FT’s backup server in NSEL case

The Economic Offences Wing (EOW) of the Mumbai police has finally managed to recover information linked to the crisis on the National Spot Exchange Ltd (NSEL) from a backup server of Financial Technologies.

The EOW, which is probing the Rs 5,600-crore scam at NSEL, wants to know about email interactions between officials of NSEL and FT, linked to the crisis on the exchange.

Previously, when the EOW asked for the email information, it was told that the server of FT had crashed around three months back.

Rajvardhan Sinha, additional commissioner of police (EOW), said that they recovered the information from a Bangalore-based image server of the company and that the information for forensic examination.

Speaking on the topic, Sinha said, "We wanted to examine the mail correspondence, but were told that the FT server had crashed around three months ago. We have recovered the information from the image server in Bangalore, which we will now be subjected to a forensic examination."

The recovered emails could provide strong evidence about the alleged scam as Financial Technologies founder Jignesh Shah has been claiming that neither he nor Financial Technologies was aware of any wrongdoings on at NSEL.

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