Above the Law

Sometime at the end of August, stock broker Ketan Parekh, the central character of the securities scam of 2000, was back in jail. He had surrendered pending a Supreme Court appeal in connection with his conviction in a 1992 case involving Canfina, a subsidiary of Canara Bank. At the time of writing,  Ketan and his co-accused had been moved from Mumbai to the Nashik jail while they await a...

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