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RE:1 year jail for Ketam Parekh!!!
by Gyan Vedi on Apr 01, 2008 07:24 PM

@kabeer:
your point is valid to an extent !
However the indian financial system had this scam coming because of mismatch in depository/clearance systems ... this scam led to increased survellince in broking, lesser capital for banks to lend on share, higher margining ....

And he already has spent a lot of time in jail !

Even the elder Memon brother, responsible for bomb blasts, was given bail because of ill health ... thats a real terrorist

But having said that, no sympathy at all for ketan parekh

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