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Finance Minister Says Premature To Comment On NSE Case Now

Finance Minister Says Premature To Comment On NSE Case Now

NDTV
Tuesday, February 22, 2022 04:38:42 PM UTC

Finance minister had earlier said government is examining whether SEBI has taken adequate action in the suspected corporate governance lapses at NSE

Finance minister Nirmala Sitharaman on Tuesday declined to comment on the corporate governance lapses in the National Stock exchange (NSE) as pointed out by an order by the Securities and Exchange Board of India (SEBI).

"On NSE, I have no comment to make on whether there was an adequate correctional step taken. I have no view this way or that until I get to the bottom of what is available before me. I am looking into it, but I won't be able to comment on it," she said, when asked for her comments on the matter during a press conference.

Earlier in an interview with The Economic Times, the finance minister had said that the government is examining whether market regulator SEBI has taken adequate action in the suspected corporate governance lapses at the country's biggest bourse, the NSE. (Also Read: Amid Probe Into NSE-Himalayan Yogi Link, Government Inquiry: 10 Points)

Central Bureau of Investigation (CBI) officials have already questioned the former NSE CEO Chitra Ramkrishna and her then adviser Anand Subramanian as a part of an investigation, news agency Reuters reported quoting a source. The officials also visited SEBI's office to collect documents related to the case, it added.

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