CBI Questions Another Ex-NSE Official Over Stock Market Manipulation Case

The CBI questioned Anand Subramanian during the last three days in Chennai about his role at the exchange, how he landed as the group operating officer at the NSE.

The CBI has questioned former National Stock Exchange group operating officer Anand Subramanian in connection with its ongoing probe into alleged irregularities by a stock broker, the ambit of which was expanded after a recent SEBI report cited "governance lapses" at the exchange, officials said on Monday.

The CBI questioned Mr Subramanian during the last three days in Chennai about his role at the exchange, how he landed as the group operating officer at the NSE, besides his association with then MD and CEO Chitra Ramkrishna, they said.

A team of CBI officials also visited the SEBI office in Mumbai recently to collect certain documents, they added.

The CBI had last week questioned former NSE CEOs Ramkrishna and Ravi Narain in connection with "fresh facts" which surfaced in the damning report released by SEBI on February 11.