Citibank and scam 1992

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demerius2020

In series scam 1992 much of focus was in harshad mehta but less focus on role of citibank

What was citibank role in scam1992

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Citi Bank was main source of funding for bear cartels especially that Ajay from Kolkata.
Involved mostly in trading govt securities and market at that time in India.
Many Other foreign banks were also there but this was major one.

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