Mobilenews24x7 Bureau
New Delhi, March 7 : Former National Stock Exchange (NSE) MD and CEO Chitra Ramkrishna has been arrested by the Central Investigation Bureau (CBI) in the alleged case of market manipulation and grave corporate lapses. A CBI official said that Ramkrishna was arrested late Sunday evening in Delhi. She would be produced before a local court on Monday. Ramkrishna’s arrest was imminent as a Special CBI court had rejected her anticipatory bail plea on Saturday saying she could influence the investigation and temper with the evdience.
The former NSE boss has been under lens for allegedly sharing sensitive market information about the exchange with a ‘yogi’ who investigators claim that was none other than her own advisor and the then group operating officer (GOO) Anand Subramanian. Subramanian had been arrested late last month by the CBI as the investigating agency tightened the noose around the key accused in the high-profile NSE co-location case. The so-called co-location case came to the light in 2015 when a whistle-blower alleged that some NSE members were benefiting from advance information by putting servers in the data centre of the exchange in collusion with some officials.
With UNI inputs
