CBI gets NSE go-ahead to prosecute Chitra Ramkrishna in colocation case

Central agency had been waiting for approval since March 2022

The National Stock Exchange (NSE) has given a go-ahead to the Central Bureau of Investigation (CBI) to initiate prosecution proceedings against the exchange’s officials, including former managing director and chief executive officer Chitra Ramkrishna, in the colocation case, said two people in the know.

The NSE, in its board meeting on February 7, gave approval to the central agency’s request to prosecute officials named in the first information report in 2018, sources said. CBI was waiting for a nod for since March 2022.

On February 9, Ramkrishna secured bail in the money laundering case related to alleged illegal phone-tapping of