NEW DELHI: Chitra Ramkrishna, the former MD and CEO of the National Stock Exchange (NSE), was remanded in judicial custody by Delhi's Rouse Avenue court on Monday for fourteen days after being arrested by the Central Bureau of Investigation (CBI) in connection with the NSE co-location case.
Ramkrishna was brought before the special court after her remand period expired. The judge placed her in judicial custody for 14 days after the hearing on Monday. She'll be detained in Tihar Jail.
On March 6, the CBI detained Chitra Ramkrishna, who was accused of serious misdeeds at India's largest stock exchange, including disclosing personal information with a third party. She was brought before the court on March 7 after the court had rejected her anticipatory bail petition the day before.
The CBI also arrested Anand Subramanian, the former Group Operating Officer. During his detention, he was quizzed extensively. He is also being held in judicial custody at the moment.
Since May 2018, the federal investigation agency has been looking into the incident, but no tangible proof has been uncovered to identify the mystery Himalaya Yogi with whom Ramkrishna communicated confidential information.
NSE co-location scam: Ex NSE CEO Chitra Ramkrishna arrested
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