The Enforcement Directorate on Thursday arrested Chitra Ramkrishna, the former managing director of the National Stock Exchange (NSE), in connection with a money laundering probe related to the alleged illegal phone tapping of NSE employees during 2009-17.
Ms. Ramkrishna was previously in judicial custody in the NSE co-location “scam” case. Based on a First Information Report (FIR) registered recently by the Central Bureau of Investigation (CBI), the ED has initiated its probe under the Prevention of Money Laundering Act and arrested her.
In the CBI case, among those arraigned are Ms. Ramkrishna, former NSE managing director Ravi Narain, the exchange’s the then executive vice-president Ravi Varanasi and head (premises) Mahesh Haldipur; former Mumbai Police Commissioner Sanjay Pandey and Delhi-based iSec Services Private Limited. The company’s directors Santosh Pandey, Anand Narayan, Armaan Pandey and Manish Mittal, its then senior information security analyst Naman Chaturvedi and one Arun Kumar Singh have also been named.
