Former Mumbai top cop in CBI custody in illegal phone tapping case
India Today
The former Mumbai Police Commissioner was produced before a court that sent him to four days in CBI custody.
The Central Bureau of Investigation, or CBI, has taken custody of former Mumbai Police Commissioner Sanjay Pandey in connection with the illegal National Stock Exchange phone tapping case.
Pandey was produced before a court that sent him to four days in CBI custody. He was earlier arrested by the Enforcement Directorate in the NSE co-location and phone tapping case.
The financial probe agency had filed a case and initiated a probe against Sanjay Pandey, NSE’s former chiefs Ravi Narain and Chitra Ramakrishna for their alleged involvement in snooping on certain people working with the exchange.
The Enforcement Directorate in July told a court that Sanjay Pandey had resigned from service in April 2000. There was litigation between 2001 and 2006 about his service. Later, he applied for VRS (Voluntary Retirement Service) in 2007, which he withdrew in October 2008.
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The ED informed the court that Sanjay Pandey formed a company- iSec Securities Private Limited and incorporated it in 2001. When this firm was incorporated, Sanjay Pandey was still in service, even if he was not director of the company, the agency said.
Pandey allegedly attended office meetings and was indirectly controlling operations of the company, the agency said, arguing that the contract came in as a facade. The agreement with NSE is a criminal agreement and MTNL phone lines were tapped, the ED told the court, alleging that the proceeds of crime in this case are to the tune of Rs 4.54 crore.
