New Delhi: The Central Bureau of Investigation (CBI) arrested the former Chief Executive of the National Stock Exchange (NSE), Chitra Ramakrishna, who has been accused of grave lapses at the country’s largest stock market including sharing confidential information with an individual she dubbed a “Himalayan yogi”.
She was arrested a day after a Delhi Court dismissed her request for a pre-arrest bail plea. The court also pulled up the CBI for inaction and being “lackadaisical” in the investigation against her over the last four years.
Special Judge Sanjeev Aggarwal observed that market regulator Securities and Exchange Board of India (SEBI) has been “too kind” to the accused, that she faced serious charges and her sustained custodial interrogation would be needed to dig out the truth, reported NDTV.
Last month, the mysterious “Himalayan yogi” who allegedly influenced Ramkrishna’s calls was ousted as Anand Subramanian, also a former officer at the stock exchange arrested in connection with a market manipulation case.