Co-location scam: CBI looks into Seychelles trip of Chitra Ramkrishna and Anand Subramanian
India Today
The Central Bureau of Investigation (CBI) is looking into former NSE CEO Chitra Ramkrishna and Group Operating Officer Anand Subramanian's trip to Seychelles.
Former NSE CEO Chitra Ramkrishna and Group Operating Officer Anand Subramanian's trip to tax havens Seychelles has come under the scanner of the CBI, officials said on Friday, as the agency continues its probe against them in the co-location scam.
The agency believes that it was not an innocuous leisure trip and that it needs a thorough investigation, they said.
The CBI has also told the Special Court that Ramkrishna and Subramanian's trip to Seychelles is being looked into.
The Securities and Exchange Board of India (Sebi) on February 11 had charged Ramkrishna and others with alleged governance lapses in the appointment of Subramanian as the chief strategic advisor and his re-designation as group operating officer and advisor to MD.
In its report, the SEBI has also mentioned an email conversation of Ramkrishna with the "mysterious Yogi", suspected to be Subramanian, mentioning about a trip to Seychelles.
"Unknown person had written to Ramkrishna on February 17, 2015,...keep bags ready, I am planning to travel to Seychelles next month, will try if you can come with me...," it said.
The agency, meanwhile, is focussing on retrieving the email exchanges between Ramkrishna and rigyajursama@outlook.com, they said.
