Rajesh Exports’ ‘gilded’ accounts: SEBI exposes a multi-layered deception
The Securities and Exchange Board of India (SEBI) has uncovered a sophisticated financial deception at Rajesh Exports, one of the world’s largest gold refiners and retailers, revealing significant irregularities in the company’s accounting practices that bypassed both internal auditors and institutional investors. The investigation, which concluded this week, highlights a pattern of multi-layered transactions designed…
