FM declines any moneylaundering attempt via P-NOTES. P-NOTES
notional value 1.38 lakh crore at the end of 2011.
In reply to a question asked in
Loksabha, Finance Minister P Chidambaram on Friday said the Securities and
Exchange Board of India and the enforcement directorate have not come across
any instance of Participatory Notes, through which foreign institutional
investors invest in Indian stock markets, being used for money laundering.
At...
