NSE ex-MD Chitra Ramkrishna sent to seven-day CBI custody in co-location scam case

The CBI arrested Chitra Ramkrishna on Sunday after her anticipatory bail application was dismissed

A Delhi court Monday granted the Central Bureau of investigation (CBI) seven-day custodial interrogation of former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna in NSE co-location scam case.

Special Judge Sanjeev Aggarwal passed the order after hearing arguments from CBI and the counsel appearing for accused.

The probe agency had sought her 14-day custodial interrogation.

The CBI arrested the accused on Sunday after her anticipatory bail application was dismissed by the court on Saturday.

In its application before the court, the CBI alleged that the electronic devices recovered are being analysed and would be used for conducting further examination of Ms. Ramakrishna.

It alleged that she was evasive and has continuously misguided the Investigation Officer and gave wrong statements.

The CBI alleged that her custodial interrogation was needed to unearth the criminal conspiracy and the role of other NSE officials and brokers in the company.