5 convicted in Rs 1,700 crore fraud; 3 others acquitted
TNN / Jul 08, 2018, 00:00 (IST)
A quarter century on, a special court convicted a Bengaluru company and five persons, including two from Andhra Bank Financial Services Ltd (ABFSL), in a Rs 1,700 crore fraud, a fallout of the 1992 securities scam involving the late Harshad Mehta. A suicide note by a witness helped the prosecution win the case. Three were acquitted.