As the Gensol Engineering drama unfolds, the many layers of chicanery that went into this operation should prompt a relook at how businesses, especially those that invest themselves with the halo of being environment-friendly, have been allowed to raise money from the public, and from financial institutions.Take the case of the investors in bonds issued by BluSmart Mobility, a company owned by Gensol’s promoters. Were the investors in BluSmart bonds adequately aware of what they were investing in? These bonds were sold through ‘Online Bond Platform Providers’, in this case reported to be Yubi, Klub and Centricity.
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