The Enforcement Directorate (ED) arrested former National Stock Ex-change CEO Chitra Ramakrishna in an illegal ‘phone tapping’ case related to the exchange’s co-location scam. She was produced before a special CBI judge earlier on Thursday.
The agency took Ramakrishna under custody after receiving nod from a Delhi-based court to investigate the case. The action against her has reportedly been taken under provisions of the Prevention of Money Laundering Act (PMLA).
Following the arrest, Ramakrishna was sent to four-day custodial interrogation by the court, news agency ANI reported.
The former NSE MD was produced in the court from jail on order passed by the judge earlier. The judge had issued a production warrant against the accused on a plea moved by the ED.
After the accused was produced, the ED took permission from the court to interrogate her.
Later, the ED arrested Ramakrishna on the ground of non-cooperation and again produced her before the court and urged for her nine-day custodial interrogation.
Ramakrishna was arrested by the CBI in a separate case and was currently in judicial custody.
Besides, Ramakrishna, the ED has filed a money laundering complaint against ex-Mumbai Police Commissioner Sanjay Pandey and ex-Vice Chairman of NSE Ravi Narain in connection with the alleged illegal phone tapping case of the stock exchange employees.
The federal probe agency filed the fresh case under criminal sections of the Prevention of Money Laundering Act (PMLA), a week after the CBI booked them.
