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Is IL&FS India's biggest scam unfolding? | The Urban Debate With Faye D'Souza
Posted
February 20, 2019
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41:56Now PlayingIL&FS could be the biggest financial problem in our country. It's important because in some way, as a country, we'll have to account for ₹91,000 Cr if it can’t be paid back. Is our financial system so opaque & weak that one company could actually question all of it?
From the point of view of the law, is this a matter of competence, ethics or malice & crime?
If the Govt thinks this company is too big to fail, how did the RBI, SEBI, auditors didn’t notice? If our financial system fundamentally is broken if something like this is going on & nobody noticed?
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