CBI on Sunday arrested Chitra Ramkrishna, former CEO and MD of National Stock Exchange (NSE), in a 2018 case of bourse manipulation. This is the second high-profile arrest in the case, with the agency last month arresting Anand Subramanian, NSE’s former group operating officer. The action comes in the wake of allegations that she was sharing confidential information of the bourse with a “Himalayan Yogi” and had got Subramanain appointed in violation of rules.
A SEBI order of February 11 has levied a fine of Rs 3 crore on Ramkrishna Subramanian, the former managing director and chief executive officer (MD and CEO) of the National Stock Exchange of India (NSE). An unidentified “paramahansa” who may be largely dwelling in the Himalayan Ranges appointed her as NSE’s MD and CEO. Ernst and Young audit report has indicated that the Yogi may be none other than Subramaniam himself.
Complete News Source : The Indian Express
