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Franklin Templeton case: CNBC-TV18 accesses part of SEBI's audit report
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Franklin Templeton case: CNBC-TV18 accesses part of SEBI's audit report
Feb 26, 2021 3:27 AM

The Franklin Templeton case has got murkier even as the first round of payments to stuck unit holders have been made.

The audit report which SEBI has divided into 7 parts. The part accessed by CNBC-TV18 is the sixth one that deals with redemptions that have taken place between the March 1, 2020 and April 23, 2020. The April 23 being the day that the 6 schemes of Franklin Templeton were wound-up.

The audit report said that there were 23 instances of key personnel of Franklin Templeton, their families and their associate companies calling for redemption of mutual fund units which were worth Rs 56 crore.

CNBC-TV18’s Sumaira Abidi has accessed part of SEBI's audit report and the findings reveal several wrong doings.

Watch video for more details.

(Edited by : Priyanka Rathi)

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