Ex-NSE Head Chitra Ramakrishna Arrested In 'Himalayan Yogi' Scandal

07 March 2022

Former NSE Chief Executive Chitra Ramkrishna, accused of grave lapses at India's largest stock market including sharing confidential information with an individual she dubbed a "Himalayan yogi", has been arrested by the CBI.

As per NDTV, the arrest came just a day after a Delhi Court dismissed her request for a pre-arrest bail plea and pulled up the Central Bureau of Investigation or CBI for inaction and being "lackadaisical" in the probe against her over the last four years. Special Judge Sanjeev Aggarwal also observed that market regulator SEBI has been "too kind" to the accused, that she faced serious charges and her sustained custodial interrogation would be required to dig out the truth.

Chitra Ramakrishna will be produced in the CBI court in the national capital on Monday along with then Anand Subramanian. The agency plans to question both of them together and suspects that they introduced the non-existent 'Yogi' to mislead the investigation. Since confidential information from the NSE was shared with outsiders, the agency is also trying to find those who profited from it.