New Delhi: The central investigation bureau or CBI launched coordinated search operations in more than 10 locations in several cities today in connection with the NSE co-location fraud case, officials said.
The search operation will include brokers in more than 12 places in Mumbai, Gandhinagar, Delhi, Noida, Gurugram and Kolkata, among other cities, they added.
The Central Investigation Agency has submitted a fee for former National Stock Exchange CEO (NSE) and MD Chitra Ramkrishna and Operations Officer Anand Subramanian in this case, the officials said.
The probe has so far established that from 2010 to 2015, when Ms Ramkrishna was managed the affairs of the nse, opg securities, one of the accused in the fir, had connected to the secondary pop server on 670 trading days in the “future and “Segments.
CBI has kept the investigation open to accusations of preference access given to certain brokers by NSE officials and non -profitable benefits during the term of office of MS Ramkrishna and Mr. Subramanian.
MS Ramkrishna, who replaced the former CEO of Ravi Narain in 2013, has appointed Mr. Subramanian as his advisor, who was later appointed as a group operations officer (Goo) on a fat salary check of ₹ 4.21 crore every year, said officials.
Subramanian controversial appointment and subsequent improvement, in addition to important decisions, guided by unknown people, who claimed to be ramkrishna is a mysterious “yogi” that lives in the Himalayas, an investigation into the exchange of emails for the audit that has been ordered has been ordered showed.