Image used for representational purposes. File

Image used for representational purposes. File
| Photo Credit: Reuters

 A city-based complaint has urged the Securities and Exchange Board of India (SEBI) to investigate alleged fund diversion, investor cheating and money laundering involving more than ₹275 crore in a Slum Rehabilitation Authority (SEA) project at Khot Dongri in Malad East, Mumbai.

The complaint filed by one Nikesh Raghani relates to a redevelopment project under the SRA scheme at Rani Sati Marg, spread over about 5,600 sq. metres.


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