NSE Scam Chitra Ramkrishna Case: CBI Arrests Anand Subramanian

The Central Bureau of Investigation (CBI) has arrested former group working officer (GOO) of the National Stock Exchange (NSE) Anand Subramanian in reference to its probe right into a 2018 inventory market manipulation case. He was arrested from his Chennai home late Thursday night time, in response to sources. The former GOO of NSE might be taken to federal physique’s headquarters in Delhi and produced earlier than a neighborhood court docket for custody. This was the primary arrest within the case.

The CBI earlier questioned former managing director and chief working officer Chitra Ramkrishna and former chief working officer Ravi Narain within the NSE co-location rip-off.

The NSE co-location case pertains to the nation’s largest bourse offering some excessive frequency merchants unfair entry to hurry up algorithmic buying and selling. Sebi has flagged the case in 2018.

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