Special Court at Bombay adjudicates securities scam trial against seventeen accused — Allegations of defrauding Standard Chartered Bank of ₹890 crores through unbacked bank receipts and forged securities. Charges include criminal breach of trust, forgery, and conspiracy under the Indian Penal Code and trial conducted under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992.
30 Jan 2019The case arose from the 1991-92 securities scam that affected the Indian economy. The Standard Chartered Bank (SCB) had an Investment Banking Division...




