Delhi court junks bail plea of NSE ex-chief Chitra Ramkrishna | India News
NEW DELHI: A Delhi court on Monday dismissed the bail plea of former NSE chief Chitra Ramkrishna in a money laundering case related to alleged illegal phone tapping and snooping on the bourse’s staff, saying there was “absolutely no reasonable ground” to believe she was not guilty, especially when the probe is not complete.
Special judge Sunena Sharma said that the “material on record prima facie” showed that but for the alleged active involvement of top NSE officials, including Ramkrishna, in the illegal tapping, iSec could not have earned Rs 4.5 crore and projected it as untainted money generated through a legitimate legal contract.
iSec was a security firm which purportedly handled the job of running the NSE’s security audit and the tapping allegations date back to 2009-2017. iSec was linked to ex-Mumbai police chief Sanjay Pandey.
Special judge Sunena Sharma said that the “material on record prima facie” showed that but for the alleged active involvement of top NSE officials, including Ramkrishna, in the illegal tapping, iSec could not have earned Rs 4.5 crore and projected it as untainted money generated through a legitimate legal contract.
iSec was a security firm which purportedly handled the job of running the NSE’s security audit and the tapping allegations date back to 2009-2017. iSec was linked to ex-Mumbai police chief Sanjay Pandey.