![NSE Co-location scam: ED conducts searches in Gurugram](https://media.newstracklive.com/uploads/crime-news//Aug/05/big_thumb/enforcement-directorate_610b848e48084.jpg)
NEW DELHI: The Enforcement Directorate (ED) conducted search operations at nine separate locations in Haryana's Gurugram on Friday, in the latest development in the National Stock Exchange Co-location fraud involving its former CEO Chitra Ramkrishna and others. On Friday morning, the search began.
The CBI had previously detained Ramkrishna and other co-accused. The CBI's FIR provides the basis for the ED case. The CBI has been looking into the matter since May 2018, but has yet to find any conclusive evidence to identify the mysterious Himalaya Yogi with whom Chitra Ramakrishna, the former Managing Director and CEO of the NSE, communicated secret information.
Following the market regulator's finding that she allegedly supplied key NSE inputs with Yogi, she was recently fined Rs 3 crore by the SEBI. "She shared information with the yogi about the organization's structure, dividend scenario, financial performance, human resource policies and related issues, response to the regulator, and so on," a source said.
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