Ex-NSE Head Chitra Ramakrishna Arrested In 'Himalayan Yogi' Scandal
NDTV
Chitra Ramkrishna and others had been accused of governance lapses at the NSE by the SEBI.
Former National Stock Exchange (NSE) Chief Executive Chitra Ramkrishna, accused of grave irregularities at the stock market including sharing privileged information with an outsider she dubbed a "Himalayan yogi", has been arrested by the CBI.
The arrest came just a day after a Delhi Court dismissed her request for pre-arrest bail plea and pulled up the Central Bureau of Investigation or CBI for inaction and being "lackadaisical" in the probe against her in the last four years.
Special Judge Sanjeev Aggarwal also observed that market regulator Securities and Exchange Board of India (SEBI) has been "too kind" to the accused as he dismissed the anticipatory bail application of Ms Ramkrishna, noting that she is facing grave allegations and her sustained custodial interrogation would be required to dig out the truth.
Last month, the mysterious "Himalayan yogi" who allegedly influenced Ms Ramkrishna's decisions was outed as Anand Subramanian, also a former officer at the stock exchange arrested in a market manipulation case.
