Yogi and follower in CBI custody: Former NSE CEO Arrested

A special court on Monday gave the Central Bureau of Investigation (CBI) a seven-day remand of Chitra Ramkrishna, former MD and CEO of National Stock Exchange (NSE), in the co-location case.

Chitra Ramkrishna, the former chief executive officer of the National Stock Exchange of India (NSE), was arrested late on March 6 in the NSE co-location case.

Ramkrishna's arrest comes a day after her anticipatory bail plea was rejected by a court in the national capital.

The Central Bureau of Investigation (CBI), which is probing the co-location case, also arrested former NSE group operating officer Anand Subramanian on February 25 after expanding its probe into a co-location scam in the exchange, following ''fresh facts'' in a SEBI report that referred to a mysterious ''yogi'' guiding the actions of Ramkrishna.

Co-location Scam Case

In a flabbergasting revelation, It has revealed that the chief executive officer (CEO) of the country’s largest stock exchange was taking advice, even on professional matters, from this mysterious Hindu monk or spiritual practitioner, believed to be dwelling in the Himalayas.

Emails under SEBI’s investigations reveal the yogi had been interacting with her regularly even on operational issues.