The trouble for the Edelweiss Group doesn’t seem to be over yet, as the Enforcement Directorate (ED) has expedited its probe into the pulses scam.

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According to sources, privy to the matter, the company's chief operating officer and executive director Himanshu Kaji has been summoned by the investigative agency for alleged manipulation of prices of pulses in 2015.

The agency is investigating the company's role in hoarding and creating artificial scarcity of pulses and brokerages including Edelweiss taking positions.

The ED is likely to widen the investigation. The Edelweiss Group chairman Rashesh Shah is also likely to be called in the second week of February.

First Published:Jan 28, 2020 4:23 PM IST