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Zee Entertainment: SEBI Uncovers US$241mn Missing from Accounts, Says Report - Vimarsana News

Zee Entertainment: SEBI Uncovers US$241mn Missing from Accounts, Says Report

As part of its investigation into the founders of Zee Entertainment Enterprises Ltd (ZEEL), market regulator Securities and Exchange Board of India (SEBI) found that about Rs20bn (billion) or US$241mn (million) may have been diverted from the company, says a report quoting people familiar with the matter who did not want to be identified as the information is not public yet.

Zee Entertainment: Report Says SEBI Uncovers US$241mn Missing from Accounts, Company Denies - Vimarsana News

Zee Entertainment: Report Says SEBI Uncovers US$241mn Missing from Accounts, Company Denies

As part of its investigation into the founders of Zee Entertainment Enterprises Ltd (ZEEL), market regulator Securities and Exchange Board of India (SEBI) found that about Rs20bn (billion) or US$241mn (million) may have been diverted from the company, says a report quoting people familiar with the matter who did not want to be identified as the information is not public yet.