The CBI on Saturday launched a search operation at over ten locations in connection with the National Stock Exchange (NSE) co-location scam involving the financial institution's former MD and CEO Chitra Ramkrishna and the ex-Group Operating Officer Anand Subramanian.
According to a source, the raids, which started this morning, were underway in Delhi, Kolkata, Mumbai, Gurugram, Gandhi Nagar besides other parts of the country. The Central Bureau of Investigation (CBI) had filed a charge sheet in the matter in April.
Though the probe agency has been probing the matter since May 2018, it could not gather any concrete evidence to identify mysterious Himalaya Yogi with whom the classified informations were shared by Ramkrishna.
Recently, the SEBI had imposed a fine of Rs 3 crore on her, following the market regulator's finding that she allegedly shared vital inputs about the NSE with the Yogi. "Information regarding organisational structure, dividend scenario, financial results, human resource policies and related issues, response to regulator, etc., were shared by her with the yogi," said the source. Between 2014 and 2016, she sent emails at email@example.com. (IANS)