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Thursday, July 25, 2024

Former National Stock Exchange CEO Chitra Ramakrishna arrested for manipulating stock market

On Sunday evening the Central Bureau of Investigation arrested Chitra Ramakrishna, the former CEO of the National Stock Exchange (NSE) in the connections with its probe into the manipulation of the stock market as stated by the officials.

As per the statement given by a senior officer, ” Ramakrishna was arrested from Delhi and will be interrogated at the length of the irregularities in the NSE during her period.

With the leaking of sensitive information, claiming that she was taking action on the advice of a so-called Himalayan yogi, who the investigators maintain was none other than the former group operating officer Anand Subramanian. With all these charges Ramakrishna was arrested.

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The growth comes after a day when the Delhi high court refused to bail anticipatory bail to Ramakrishna, as stated there were strong chances that she may influence the probe and tamper with the evidence. Sanjeev Agarwal the judge of the additional session also pulled up CBI for its lackadaisical probe which stated that the agency hadn’t taken action against the main beneficiaries of the co-location scam.

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