MCX case: C. B. Bhave still awaits outcome of probe by income tax dept

Mar 22 2014, 09:09 IST
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The CBI has registered a preliminary enquiry against C B Bhave for alleged irregularities in granting sanction to the MCX Stock Exchange. The CBI has registered a preliminary enquiry against C B Bhave for alleged irregularities in granting sanction to the MCX Stock Exchange.
SummaryFormer Sebi chief CB Bhave had sent reminders to tax department, which has gone unanswered.

up a stock exchange during his tenure.

In 2011, when the I-T department moved against the two whole-time directors, Abraham had written a letter to Prime Minister Manmohan Singh accusing the income tax department of harassing him and Sahoo.

Also read: 'Extraordinary riddle' of lost Malaysia Airlines Flight MH370 now 2 weeks old

Malaysia Airlines

Women cry as they enter a room to attend a briefing by the Malaysian government regarding the missing Malaysia Airlines Flight MH370 at a hotel in Beijing. (Reuters)

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