NSEL lodges EOW complaint against defaulters.- Can't get more farcical

In spite of the grave crisis facing NSEL and investors , it seems NSEL guys haven't lost their sense of humour. National Spot Exchange Ltd (NSEL) has now lodged complaints against five defaulters, including N K Proteins, with the Economic Offences Wing as they have failed to meet Forward Markets Commission's (FMC) norms on adequate stocks in warehouses.  http://profit.ndtv.com/news/market/article-nsel-files-complaints-against-5-defaulting-members-326304

Now it is NSEL's warehouse where the stock is inadequate or missing not the borrower's. Lending thousands of crores to dodgy companies without ensuring adequate stocks was NSEL's  fault. One must give it to brazen NSEL bosses that even after criminal complicity of its promoters and shady borrowers the  NSEL still has the audacity to file an EOW complaint.! There was no need to chase borrowers if the stocks were there and it was freaking exchange's responsibility to ensure quality and quantity of stocks. Besides, there is no explanation how the chairman's son-in-law was given about 970 crores without any commodity or how the SGF shrunk form 850 crores to 5 crores ! I bet the jugglery and great vanishing tricks of NSEL can even put Harry Houdini to shame.

After gross regulatory and compliance issue violation and hatching a criminal conspiracy to defraud gullible investors, the bosses at NSEL and wily borrowers prepared fake warehouse receipts and robbed 5600 crores of 15000 investors. Somebody needs to take these crooked bastards to task for this.  It may be noteworthy that it was FTIL's baby NBHC (National Bulk Handling Corporation Ltd)which was in charge of the warehouses. Talk about clash of interest here!

I am at my wit's end why the NSEL investor's forum is not lodging a criminal complaint against Jignesh and NSEL board now that it is official that there is hardly any stock. Investor's patience is running thin and I won't be surprised if there are investor suicides in near future as a lot of investors have borrowed/leveraged and invested their lifetime earnings in this fraud called NSEL

A criminal act has to be proven to lift Jignesh's corporate veil and hold him personally liable for this fraud and attach his assets/properties to pay off investors who are being given a pittance by NSEL jokers every week.