The ILFS Group continues to be in the news, for all the wrong reasons. It was Hari Sankaran, the dubious former vice chairman of the ILFS Group, who was in the news, over a week ago, upon being arrested by the SFIO, for having indulged in a massive fraud and misuse of power at IFIN, the financial services subsidiary of ILFS. He continues to be in jail, denied bail.. Business and Finance editor Akhilesh Bhargava gives more insights. #ILFS #HariShankar
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