CBI likely to arrest Chitra Ramakrishna in NSE case
India Today
A special CBI court rejected former National Stock Exchange (NSE) MD and CEO Chitra Ramakrishna's anticipatory bail. She is now likely to get arrested by the Central Bureau of Investigation (CBI) in the NSE case.
National Stock Exchange’s (NSE) former chief, Chitra Ramakrishna, is likely to be arrested by the Central Bureau of Investigation (CBI) after a Delhi court dismissed her anticipatory bail application on Saturday, sources told India Today.
Chitra Ramakrishna had filed an application before the court seeking protection from arrest by the CBI. Her application was rejected after the agency opposed it.
Sources said that the officials may arrest her soon, but if she approaches the high court, the CBI will have to wait for an order.
NSE's former Managing Director and Chief Executive Officer, Chitra Ramakrishna, is under investigation for allegedly sharing confidential information about NSE with a "yogi who lives in the Himalayas."
She has been questioned earlier in Mumbai by CBI officials. Her alleged close associate and former Group Operating Officer of NSE, Anand Subramaniam, was earlier arrested by the CBI.
READ | Chitra Ramkrishna: NSE CEO to fallen queen of stock market
According to officials, the alleged unfair practices in NSE occurred between 2010 and 2015. Until March 2013, Ravi Narain was the NSE's Managing Director and Chief Executive Officer. Chitra Ramakrishna was the company's Deputy CEO at the time. She succeeded Ravi Narain and headed the NSE till December 2016.
