Probe Agency Conducts Raids In NSE Co-Location Money Laundering Case
NDTV
NSE Co-Location Case: The federal probe agency is covering nine premises in Delhi and neighbouring Gurugram including those of some brokers involved in the case.
The ED on Friday conducted raids at multiple locations in connection with its money laundering probe into the alleged irregularities in the National Stock Exchange (NSE) co-location case, officials said.
The federal probe agency is covering nine premises in Delhi and neighbouring Gurugram including those of some brokers involved in the case, they said.
The raids are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA). The agency had registered a money laundering case to probe the alleged irregularities on the basis of a 2018 CBI FIR.
The CBI had recently arrested former NSE managing director and chief executive officer Chitra Ramkrishna and group operating officer (GOO) Anand Subramanian in this case.
