Publish Date: | Mon, 07 Mar 2022 04:46 PM (IST)
Chitra Ramakrishna, former Chief Executive Officer (CEO) of the National Stock Exchange (NSE), has been sent to 7-day CBI custody by the court. Chitra Ramakrishna’s anticipatory bail plea was rejected by a special CBI court on Saturday. After this the agency arrested him on Sunday night. After his appearance in the court on Monday, the court sent him to seven days’ CBI custody. Meanwhile, the special CBI court also extended till March 9 the custody of Anand Subramanian, the group operating officer of the exchange, in the NSE co-location scam case.
The CBI has been probing the NSE co-location scam case since May 2018. However, it is yet to find any concrete evidence to identify the mysterious Himalayan “yogi” with whom Ramakrishna shared secret NSE information. According to CBI officials, Chitra was not answering the questions correctly. The CBI told the court that it has also taken the services of a psychologist in the interrogation of Chitra Ramakrishna. The CBI had questioned him for three days in February and conducted searches at his residence on February 24 and 25.
Chitra Ramakrishna became the CEO of NSE in 2013. He later appointed Subramaniam as his advisor, who was later promoted as GOO at a hefty salary package of Rs 4.21 crore per annum. A SEBI report had revealed that Chitra Ramakrishna ran the exchange for years at the behest of a mysterious “yogi”. In the forensic audit that followed, Anand Subramanian was described as the mysterious “yogi”. However, SEBI had refuted this claim in its final report.
Posted By: Shailendra Kumar