The Delhi High Court on Thursday granted bail to former NSE chief Chitra Ramakrishna in a money laundering case related to alleged snooping and phone tapping of employees of the National Stock Exchange (NSE). Was arrested in the location scam. And after that she was taken into custody by the ED on July 14 in the money laundering case. Earlier on September 22, she got bail in the CBI case.
ED told the main conspirator
The Enforcement Directorate (ED) had opposed her bail plea in the present case on the ground that she was the ‘key conspirator’. According to the ED, the phone tapping case dates back to 2009 to 2017 when former NSE Chief Executive Officer (CEO) Ravi Narayan Ramakrishna, Executive Vice President Ravi Varanasi, Head (Complex) Mahesh Haldipur and others admitted to defrauding NSE and its employees. The alleged conspiracy was hatched.
Ramakrishna, in the bail application, had contended that no scheduled offense was made out against her and the allegations also did not come under the purview of the Prevention of Money Laundering Act. Ramakrishna was appointed as Joint Managing Director (MD) NSE in 2009 and She continued in the post till 31 March 2013. She was promoted as MD & CEO with effect from 1 April 2013. Her tenure at NSE ended in December 2016.
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