Mumbai, June 30 (IANS) India’s markets regulator, the Securities and Exchange Board of India (SEBI), on Tuesday issued an ex-parte interim order against the promoters and associates of Darjeeling Industriies Limited, alleging they orchestrated a complex scheme involving circular funding, misuse of preferential issue proceeds and suspected stock price manipulation. The regulator has also questioned the very existence of the listed company, saying it could not find any operational presence at eith…
Latest Stock Price Manipulation News & Updates
Seoul, April 28 (IANS) An appeals court on Tuesday increased the sentence for South Korea’s former first lady Kim Keon Hee from 20 months to four years in prison on corruption charges. The Seoul High Court handed down the sentence during a hearing that was televised live, after finding her partially guilty of involvement in a stock price manipulation scheme and guilty of accepting luxury gifts from the Unification Church, Yonhap News Agency reported. It acquitted her, however, of receiving free …
Seoul, Dec 29 (IANS) South Korea’s Special counsel Min Joong-ki’s team on Monday accused former first lady Kim Keon Hee of illegally intervening in state affairs “behind the curtains” as it announced the final results of its investigation.The team raised the accusation against Kim — the wife of ousted former South Korean President Yoon Suk Yeol — in a press briefing, a day after its 180-day investigation into her corruption allegations officially concluded.”The special counsel investigation co…