NSE illegal phone tapping: Money laundering case against ex bourse brass

The federal probe agency filed the case under criminal sections of the Prevention of Money Laundering Act (PMLA), a week after the CBI booked them

Enforcement Directorate
Press Trust of India New Delhi
1 min read Last Updated : Jul 14 2022 | 3:33 PM IST

The Enforcement Directorate has filed a money laundering complaint against ex-Mumbai Police Commissioner Sanjay Pandey and former NSE top bosses Chitra Ramkrishna and Ravi Narain in connection with the illegal phone tapping and snooping case of employees of the stock exchange, officials said Thursday.

The federal probe agency filed the case under criminal sections of the Prevention of Money Laundering Act (PMLA), a week after the CBI booked them.

The CBI had alleged that Narain and Ramkrishna had roped in a company founded by the now retired Mumbai police commissioner Pandey to snoop on the stock market employees by illegally intercepting their phones calls.

The CBI, and now the Enforcement Directorate (ED), have named Pandey, his Delhi-based company, NSE's former MD and CEOs Narain and Ramkrishna, executive vice president Ravi Varanasi and head (premises) Mahesh Haldipur, among others, in their respective complaints.

The alleged irregularities of secret surveillance were found by the ED following which it reported it to the Ministry of Home Affairs (MHA) which asked the CBI to probe the charges, officials said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Chitra RamkrishnaNSE colocation caseMoney laundering

First Published: Jul 14 2022 | 3:33 PM IST

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