SEBI has taken strict action against Rajesh Exports and its CMD Rajesh Mehta over an alleged corporate fraud worth 15 lakh crore rupees. The regulator has barred Mehta from the capital markets until further notice. While SEBI highlights discrepancies between actual performance and reported figures, the company has denied the allegations. The issue has sparked political controversy, with the Congress questioning LIC's 10.8% investment in the firm. https://sambad.in/business/corporate-fraud-worth-rs-15-lakh-crore-12002904 #creator program