The government has already returned ₹1,220 crore out of ₹3,255 crore defrauded from 13,000 investors in the Jignesh Shah-run National Spot Exchange Ltd (NSEL) fraud case and is making efforts to quickly return the rest, people familiar with the matter said. Jignesh Shah, was a chairman and executive director of FTIL, and promoter director and vice-chairman of NSEL.(HT File) The defrauded money was recovered by the Enforcement Directorate (ED), which has led to refunding the full amounts to 8,430 out of 13,000 investors, they said, requesting anonymity. In all, ₹1,220 crore out of ₹3,255 crore proceeds of crime identified and attached by the financial crimes probe agency have been refunded. Unlock exclusive access to the story of India’s general elections, only on the HT App. Download Now! Read here: Investors’ group allowed to intervene in NSEL case “The competent authority has directed all agencies, including the ED, to make conscious efforts for expeditious return of confiscated assets to their legitimate owners,” an official in the finance ministry said. The NSEL scam, which came to light …